https://sputnikglobe.com/20230925/us-to-provide-2bln-loan-to-poland-for-defense-modernization-1113654349.html
US to Provide $2Bln Loan to Poland for Defense Modernization
US to Provide $2Bln Loan to Poland for Defense Modernization
Sputnik International
The United States will provide a $2 billion loan to Poland to support its ongoing defense modernization, the US State Department announced on Monday.
2023-09-25T15:06+0000
2023-09-25T15:06+0000
2023-09-25T16:18+0000
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"Today, the United States is proud to announce the signing of a milestone $2 billion Foreign Military Financing (FMF) direct loan agreement to support Poland’s defense modernization," the State Department said in a press release, adding that "loan proceeds will further advance Poland’s military modernization effort across a wide range of capabilities, substantially contributing to strengthening the defense and deterrence of NATO’s Eastern Flank."The Biden administration is providing up to $60 million in FMF to cover the cost of the loan to accelerate Poland’s urgent military procurements of defense articles and services from the United States, the release said.
https://sputnikglobe.com/20230907/polands-defense-spending-quadruples-to-36bln-since-2015-1113177954.html
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us-polish relations, us provide poland with loan, defense modernization in poland
us-polish relations, us provide poland with loan, defense modernization in poland
US to Provide $2Bln Loan to Poland for Defense Modernization
15:06 GMT 25.09.2023 (Updated: 16:18 GMT 25.09.2023) WASHINGTON (Sputnik) - The United States will provide a $2 billion loan to Poland to support its ongoing defense modernization, the US State Department announced on Monday.
"Today, the United States is proud to announce the signing of a milestone $2 billion Foreign Military Financing (FMF) direct loan agreement to support Poland’s defense modernization," the State Department said in a press release, adding that "loan proceeds will further advance Poland’s military modernization effort across a wide range of capabilities, substantially contributing to strengthening the defense and deterrence of NATO’s Eastern Flank."
The Biden administration is providing up to $60 million in FMF to cover the cost of the loan to accelerate Poland’s urgent military procurements of defense articles and services from the United States, the release said.
7 September 2023, 13:52 GMT
