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Story perspectives

Canada and UK Back 2027 Defence Financing Merger

By Drooid · · How we work

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Story summary
  • Canada Prime Minister Mark Carney and UK Prime Minister Andy Burnham discussed merging defence financing initiatives.
  • Both the Defence, Security and Resilience Bank and the UK Multilateral Defence Mechanism aim for a 2027 launch.
  • Canada signed Albania, Belgium, Greece, Latvia, Luxembourg, Romania, Turkey and Ukraine to its bank.
  • UK Prime Minister Keir Starmer announced a £400-million contribution to the mechanism in June.