Defence financing is set to be a key topic at this week’s NATO summit in Ankara, Türkiye, News.Az reports, citing TRT World.
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The MDM is one of several competing initiatives aimed at channelling more private cash into rearming nations.
“We have benefited from the support of a broader group of allies in developing the technical details of this model,” the four nations said in their joint statement on Monday.
They said they would work to expand the coalition of nations involved in the project and would move on to the next phase of developing the mechanism with countries that have declared their participation in the autumn.
