Surprise decision by the White House or expected action?
The administration of US President Joe Biden announced today that it is offering a $2 billion loan to Warsaw to help modernize Poland’s defenses, the Associated Press reported.
A State Department statement said Poland was a “resolute” US ally whose “security is vital to the collective defense” of NATO’s eastern flank, and that such funding was reserved for Washington’s most important security partners. .
The U.S. government is also providing Warsaw with up to $60 million to cover the cost of the loan in the form of Foreign Military Financing (FMF), which will support “emergency purchases of U.S. defense products and services,” the State Department said. . This $60 million is a loan subsidy intended to ensure that Warsaw will be able to secure favorable terms for the loan.
Poland is in the process of modernizing its armaments and military equipment to replace what it has handed over to Ukraine, awarding orders to American and South Korean defense companies, AP recalls, cited by BTA.
2023-09-25 19:41:27
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