The Biden administration says it is offering $2 billion in loans to Poland to support the defense modernization of the ally which has been a hub for weapons going into Ukraine.
WASHINGTON (AP) — The Biden administration announced Monday that it is offering a $2 billion loan to Poland, which has been a hub for weapons going into Ukraine, to support the ally’s defense modernization.
The U.S. government is also providing Warsaw up to $60 million for the cost of the loan in Foreign Military Financing (FMF) which would support “urgent procurements of defense articles and services from the United States,” the State Department said.
Poland has been a staunch supporter of Ukraine since Russia’s full-scale invasion of the country, handing over large numbers of its own tanks, fighter jets and other equipment.
It has been undergoing a process of modernization to replace what it gave away, much of which was based on old Soviet technology, putting in orders with U.S. and South Korean defense companies.
Amid the spat Poland’s Prime Minister Mateusz Morawiecki said his country was no longer sending any more weapons to Ukraine.
Analysts noted that Poland has already in fact given Ukraine most of what it has to give, and the statement was made ahead of a Polish election and did not mean much.
The original article contains 339 words, the summary contains 187 words. Saved 45%. I’m a bot and I’m open source!
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WASHINGTON (AP) — The Biden administration announced Monday that it is offering a $2 billion loan to Poland, which has been a hub for weapons going into Ukraine, to support the ally’s defense modernization.
The U.S. government is also providing Warsaw up to $60 million for the cost of the loan in Foreign Military Financing (FMF) which would support “urgent procurements of defense articles and services from the United States,” the State Department said.
Poland has been a staunch supporter of Ukraine since Russia’s full-scale invasion of the country, handing over large numbers of its own tanks, fighter jets and other equipment.
It has been undergoing a process of modernization to replace what it gave away, much of which was based on old Soviet technology, putting in orders with U.S. and South Korean defense companies.
Amid the spat Poland’s Prime Minister Mateusz Morawiecki said his country was no longer sending any more weapons to Ukraine.
Analysts noted that Poland has already in fact given Ukraine most of what it has to give, and the statement was made ahead of a Polish election and did not mean much.
The original article contains 339 words, the summary contains 187 words. Saved 45%. I’m a bot and I’m open source!