Organizers trying to put together an international financing institution for military purchases are meeting next week to start discussing a charter for the proposed Defence, Security and Resilience Bank (DSRB), Foreign Affairs Minister Anita Anand said in a London speech. (The Logic)

Talking point: The DSRB is meant to pool credit for participating countries to buy military goods more cheaply than they could on their own and to help defence-oriented companies raise capital. The idea has drawn attention but, so far, few firm declarations of national support besides Canada’s—Luxembourg is in; Britain and Germany have said they’re not interested. It’s a crowded field: the European Union has started a financing mechanism primarily for its member countries (which Canada has joined) and there’s also the fledgling European Defence Bank aimed at EU and NATO members.