Poland's Prime Minister Denies South Korean Loan for Arms Deals Amidst Uncertainties
Poland's PM clarifies no South Korean loan for arms deals, amid concerns over financing and potential contract invalidation by new government. South Korea embassy denies impact.
Despite previous reports, it has been clarified by Poland's Prime Minister, Donald Tusk, that there is no South Korean loan to finance arms deals. There was a misunderstanding regarding the financing of the Korean purchases, with Tusk stating that there was no actual Korean loan in place. This comes as Warsaw had signed arms deals with South Korea in response to Russia's invasion of Ukraine, and there were concerns expressed by Seoul that a change of government and lack of funds could jeopardize some deals.
However, Tusk has affirmed that Poland intends to review its defense contracts and continue with them. This reassurance comes amidst speculation that the new government may invalidate contracts signed by the nationalist Law and Justice (PiS) party. Despite these uncertainties, Tusk has emphasized that Poland will honor arms contracts that have been signed. The South Korean embassy in Warsaw declined to comment, but officials have stated that there has been no impact or influence related to the defense contracts with Poland.