ANKARA, July 7—Canada wants more countries to back its global defence bank initiative before it announces a roster of founding nations, foreign minister Anita Anand said in an interview on the sidelines of the NATO leaders’ summit in Ankara on Tuesday.
Mark Carney’s government has been promoting the multilateral Defence, Security and Resilience Bank (DSRB) and had been aiming to unveil around 10 national backers at the NATO summit, the country’s lead negotiator told Reuters last week.
The bank’s purpose is to bolster the defence of allied nations by raising up to £100 billion ($134 billion) in cheap finance.
“We want more and more countries to come on board before we put something out,” Anand said. Discussions were ongoing and the project still had a “critical mass” of support, she added, echoing prior comments by Carney….