NATO's Bold Defence Strategy: Dramatic Spending Increase by 2035
NATO leaders have agreed on a significant increase in defense spending under pressure from US President Donald Trump. Member countries will invest 5% of GDP in core defense needs by 2035. Leaders remain committed to supporting Ukraine amid tensions with Russia while addressing trade issues with the US.
NATO leaders have reached a consensus to significantly boost defense spending following pressure exerted by US President Donald Trump. The summit culminated in a commitment from member states to allocate 5% of GDP annually towards critical defense needs by 2035. This decision underscores the alliance's robust commitment to mutual defense.
British Prime Minister Keir Starmer emphasized NATO's undeterred support for Ukraine, despite its war with Russia receiving scant attention in the summit's communique. Starmer underlined the alliance's determination to urge Russia for an unconditional ceasefire while maintaining focus on Middle Eastern tensions.
French President Emmanuel Macron highlighted the importance of trade peace among allies, amidst concerns over potential US tariffs on European goods. Meanwhile, US President Donald Trump reaffirmed his support for NATO's mutual defense guarantees, clarifying any ambiguity regarding Article 5 of the treaty.
(With inputs from agencies.)
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