Türkiye decides not to join the new "Defense Bank" established by NATO countries and Ukraine
Turkey decided not to join the new global "Defense Bank" that 9 NATO member states and Ukraine intend to establish at a headquarters in Montreal, Canada, to finance armaments, after internal evaluations led to a lack of commitment to participate at the present time.
Reports have indicated the intention of some NATO member states and Ukraine to establish a new global “defense bank” to finance armaments, with Türkiye likely to participate in this initiative. However, it became clear that Turkey would not join this bank.
Reports stated that 9 NATO member states intend to take a step to finance defense by establishing this joint bank, with its headquarters in the Canadian city of Montreal.
According to the available information, a decision was taken not to commit to participating in the bank at the present time, following internal assessments conducted by the concerned authorities.
This story was produced with machine-translation assistance, then went through human editorial review for accuracy and sourcing.

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