Romania Seeks $2 Billion from U.S. for Military Upgrades

Romania aims to borrow up to $2 billion from the United States via the Foreign Military Sales mechanism to enhance its military capabilities. Prime Minister Marcel Ciolacu confirmed a direct loan agreement worth $920 million will be signed on Wednesday.

Romania is set to fortify its military capabilities with a $2 billion loan from the United States, secured through the Foreign Military Sales (FMS) mechanism. Prime Minister Marcel Ciolacu made this announcement on Wednesday, highlighting the strategic importance of the agreement.

A significant milestone in this bilateral partnership, the two nations will finalize a direct loan agreement worth $920 million as part of this initiative.

This financial boost aims to elevate Romania's defense readiness amid growing regional tensions and underscores the strengthening military ties between the two allies.

(With inputs from agencies.)