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New U.S.-Poland FMF direct loan agreement showcases strong security partnership

Source: United States Department of State

On September 25, the United States announced the signing of a USD 2 billion Foreign Military Financing (FMF) direct loan agreement to support Poland’s defence modernization.

 

Poland is a stalwart U.S. ally, and Poland’s security is vital to the collective defence of NATO’s Eastern Flank.  In addition to its central support role in facilitating international assistance to neighboring Ukraine, Poland has demonstrated its ironclad commitment to strengthening regional security through its robust investments in defence spending. Poland continues to demonstrate leadership in NATO on meeting the 2014 Wales Summit Defence Investment Pledge. Poland plans to significantly expand the Polish Armed Forces; has divested its legacy Russian origin military equipment in favor of an ambitious multi-year, multi-billion-dollar defence modernization program; has concluded an Enhanced Defence Cooperation Agreement (EDCA) with the United States; hosts Allied and U.S. forces, including the U.S.-led NATO Battlegroup and U.S. V Corps Headquarters (Forward); and actively participates in NATO missions across the region.

 

 

The U.S. government is providing up to $60 million in FMF for the cost of this loan, which will help accelerate Poland’s defence modernization by supporting urgent procurements of defence articles and services from the United States.

FMF direct loans are a security cooperation tool reserved for some of our most important security cooperation partners.  Loan proceeds will further advance Poland’s military modernization effort across a wide range of capabilities, substantially contributing to strengthening the defence and deterrence of NATO’s Eastern Flank.

 

Source: United States Department of State.

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