UK, Finland, Netherlands consider joint defence financing, procurement


Dutch Minister of Finance Eelco Heinen looks on as he attends a Eurozone Finance Ministers meeting in Brussels, Belgium February 17, 2025. REUTERS/Yves Herman

LONDON, March 17 (Reuters) - Britain, ⁠Finland and the Netherlands are looking at teaming ⁠up to jointly finance and procure weapons, munitions ‌and military equipment, given the increasing threat level across the world, with war in Ukraine and in the Middle East.

The three countries ​said that together with other unnamed partners ⁠they were exploring setting ⁠up a new mechanism by 2027 which would speed ⁠up investment ‌and boost demand for defence kit, a statement from Britain said on Tuesday.

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