Nine countries commit to global defence bank, Canada says

AI Summary

Nine countries including Albania, Belgium, Greece, Latvia, Luxembourg, Romania, Turkey, and Ukraine have committed to a new global defence bank. Based in Canada, the Defence, Security and Resilience Bank (DSRB) aims to support rearmament of allied nations.

By Jonathan Spicer, Iain Withers and Marc Jones ANKARA/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.