Canada will be the headquarters for a future NATO-linked financial institution, official says

Finanțe și Bănci

TORONTO (AP) — Canada has been selected as the headquarters for a new, financial institution led by NATO and designed to reduce borrowing costs for members of the alliance, a senior government official said on Wednesday. According to the official, the decision was reached after negotiations hosted by Canada involving nearly 20 founding members of NATO’s proposed Defense, Security and Resilience Bank, or DSRB. The financial institution is meant to help NATO members and partner countries meet

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