Geopolitics

NATO allies may raise defense spending goal beyond 2% GDP, Stoltenberg says

Written By Reuters

BRUSSELS (Reuters) – NATO allies may decide to aim to spend more on defence than their current target of 2% of national output when they meet for their next summit in Vilnius in July 2023, the chief of the alliance said on Monday.

“I expect that, in one way or another, even though perhaps the 2% will be kept, it will be kept more as a kind of floor than a ceiling for defence spending,” NATO Secretary-General Jens Stoltenberg said during a visit to Spain.

“These are negotiations that will go on, but I’m absolutely confident that the ambitions will be increased in one way or another – because everyone now sees the need for investing more,” he added.

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Categories: Geopolitics, Military

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