Motion text
That this House welcomes the development of the Defence, Security and Resilience Bank (DSRB) as a multilateral initiative to increase investment in defence, security and industrial resilience among allied nations; recognises the urgent need to expand defence industrial capacity in the UK and across NATO in response to a more dangerous international security environment; notes the potential for the Bank to mobilise private capital, improve access to finance for defence manufacturers and SMEs, and support long-term investment in defence supply chains; further welcomes the Government's work with allies to establish the Multilateral Defence Mechanism and the recognition by the Governments of the United Kingdom and Canada that the two initiatives have a high degree of complementarity; and believes that participation in the DSRB could strengthen the UK's defence industrial base, support skilled manufacturing jobs and increase opportunities for British firms in allied defence supply chains.
Signatures (5)
The first 6 Members who have signed to support the motion are the sponsors. The primary sponsor is generally the person who tabled the motion and has responsibility for it. The date shown is when the Member signed the motion.
There are no withdrawn signatures for this motion.