Canada’s Prime Minister Mark Carney says nine countries have pledged support for a new multilateral Defence, Security and Resilience Bank (DSRB), to be based in Canada, ahead of and during the NATO summit in Ankara, Turkey. Reuters reports that Carney announces commitments from Albania, Belgium, Greece, Latvia, Luxembourg, Romania, Turkey and Ukraine. Canadian officials describe the bank as intended to help allied nations expand defence production and strengthen security infrastructure, framed as support for “rearming” and resilience. Carney has been promoting the initiative in meetings with other world leaders during the summit. Earlier reporting indicated Canada was aiming to secure about 10 founding partner countries to co-announce at the NATO gathering, with Canada expected to be the only non-European backer among initial supporters. Canadian Foreign Minister Anita Anand later says Canada wants additional countries to join before finalizing the roster of founding nations. While the pledged commitments include major NATO members such as Belgium and Greece, multiple outlets note that major European partners have not yet been seen publicly among the initial backers.
Nine countries pledge support for Canada’s Defence, Security and Resilience Bank at NATO summit
Canada’s Prime Minister Mark Carney says nine countries have pledged support for a new multilateral Defence, Security and Resilience Bank (DSRB), to be based in Canada, ahead of and during the NATO su...
- Canada’s Defence, Security and Resilience Bank (DSRB) is intended to be based in Canada.
- Prime Minister Mark Carney says nine countries have pledged support: Albania, Belgium, Greece, Latvia, Luxembourg, Romania, Turkey and Ukraine.
- The pledges are announced at the NATO summit in Ankara, Turkey.
- Canadian officials describe the bank as a multilateral mechanism to help allies expand defence production and security infrastructure.
- Canada’s foreign minister says the government is seeking more backers before confirming the full set of founding nations.
Canadian Prime Minister Mark Carney used this week's NATO summit in Turkey to push for a new financial system to help struggling allies expand their defense production and security infrastructure.
1 month agoCarney has been heavily campaigning for the institution in meetings with other world leaders
1 month agoLONDON, July 7 (Reuters) - A total of nine countries have committed to supporting a new global defence bank, Mark Carney, the prime minister of host country Canada, said on Tuesday.Carney said in a statement at the NATO Summit in Turkey's capital Ankara, that Albania, Belgium, Greece, Latvia, Luxembourg, Romania, Turkey, and Ukraine had all pledged their support, and would define the initial policies and directives of the multilateral Defence, Security and Resilience Bank (DSRB) and shape its operations.
1 month agoBy Jonathan Spicer, Iain Withers and Marc JonesANKARA/LONDON, July 7 (Reuters) - Nine countries have committed to a new global defence bank, Canadian Prime Minister Mark Carney said on Tuesday, in a boost for the multilateral drive to help rearm allied nations.Carney said in a statement at the NATO summit in Turkey's capital Ankara that Albania, Belgium, Greece, Latvia, Luxembourg, Romania, Turkey and Ukraine had all pledged their support to the Defence, Security and Resilience Bank (DSRB), which will be based in Canada.
1 month agoBy Jonathan SpicerANKARA, July 7 (Reuters) - Canada wants more countries to back its global defence bank initiative before it announces a roster of founding nations, foreign minister Anita Anand said in an interview on the sidelines of the NATO leaders' summit in Ankara on Tuesday.Mark Carney's government has been promoting the multilateral Defence, Security and Resilience Bank (DSRB) and had been aiming to unveil around 10 national backers at the NATO summit, the country's lead negotiator told Reuters last week.
1 month ago
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