Dutch government comes up with creative way to make money on US weapon buys

February 11, 2008 by Dagpotter
Filed under: FMS, Holland 

According to this article in NisNews.nl, the Dutch government has come up with a way to make money on the foreign currency they transfer to the US to buy weapons and training. Rather then doing a direct government-to-government transfer of the $350 M or so they spend each year, they utilize a commercial account and pay over time. This allows them to get interest on the money.

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