Britain, the Netherlands, Finland, and Poland are making significant progress on the new Multilateral Defence Mechanism and aim to establish it by 2027, the countries said in a joint statement on Monday.
Defence financing is set to be a key topic at this week’s NATO summit in Ankara, Turkey. The MDM is one of several competing initiatives aimed at channelling more private cash into rearming nations.
Another key project in the increasingly crowded field of defence financing initiatives is the Defence, Security and Resilience Bank. Canada is aiming to announce around 10 founding nations for the DSRB at the NATO summit.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.
