NATO confirms that all countries will spend a minimum of 2% of GDP in defense

The 32 countries participating in NATO will allocate at least 2% of their GDP this year for military spending, the alliance said, however, stressing that the next ten years will require significant fiscal efforts by the Member States. According to newer numbers published in Brussels, all countries of the North Atlantic Pact Organization, including Belgium, Canada, Spain and Italy, will have achieved this ambitious goal by the end of 2025. 2014 by NATO, after Crimea’s annexation to Russia. Under the pressure of President Donald Trump and because of the threat they see in Russia, NATO member states now want to go far beyond. Were committed to late June almost double -dip military spending by 2035, increasing to 3.5% […]
Source: News Beast

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