Britain, Netherlands, Finland, Poland say they are making progress on defence plan
18 Articles
18 Articles
UK, Netherlands, Finland, Poland back new defense financing plan ahead of NATO summit in Ankara
Countries say they are making 'significant progress' on the multilateral defense mechanism aimed at accelerating defense investment, boosting joint procurement, strengthening support for Ukraine
Details are not yet known, but it is planned that the project will help to increase investment in defence and facilitate joint procurement.
The UK, the Netherlands, Finland and Poland agreed to create a new defence mechanism for joint action in a difficult security situation and confirmed their support for Ukraine.
The MDM is one of several initiatives aimed at attracting more private capital to strengthen the defense capabilities of NATO member states.
(London=Yonhap News) Correspondent Kim Ji-yeon = The UK, the Netherlands, Finland, and Poland to launch a 'Multilateral Defense Mechanism' (MDM) in 2027 to secure defense spending...
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