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Red Sea Risk Risk and Compliance Political Risk and Trade

Aspides extends operation but with less financial support

  • The Council of the EU announced it would provide nearly €15m to cover the costs of the operation for another year
  • The amount was more than €17m last year
  • As tension around the Red Sea remains high, traffic in the Red Sea fell for a second month in January

  • News

The Council of the EU decided to extend Aspides operation for another year with a decreased amount of financial cover as the security risk increases in the region

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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