Written question asked by James Cartlidge (Conservative) on Monday, 23 March 2026, in the House of Commons. It was due for an answer on Wednesday, 25 March 2026. It was answered by James Murray (Labour) on Tuesday, 31 March 2026 on behalf of the Treasury.
Defence: Finland and Netherlands
- Question
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To ask the Chancellor of the Exchequer, with reference to her Department's press release entitled Joint statement from Finland, the Netherlands, and the United Kingdom on joint defence financing and procurement, published on 17 March 2026, whether the new finance mechanism will be used to stockpile munitions.
- Answer
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The mechanism the Chancellor announced on 17 March will increase the availability of munitions and other critical capabilities when we need them most.
Similar to other international financial institutions, we expect that capital will be paid in based on countries’ GDP share, and that this will leverage many multiples more capital via private sector funding. The precise set-up is now being explored, and HMT and MOD are working together with finance and defence ministries across partner countries.
Secondary information
- Type
- Written question
- Reference
- 122746
- Session
- 2024-26
- Grouped for answer
- Yes
- Subjects
- Defence Finance International cooperation Finland Netherlands
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2026-03-31 16:13:08 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2024-26/122746
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/commons/2024-26/122746
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/commons/2024-26/122746