Spain Resists Pressure for NATO's 5% GDP Defence Spending
Spain does not foresee repercussions for not meeting NATO’s proposed 5% GDP defence spending target. Economy Minister Carlos Cuerpo assured Madrid's commitment to NATO without raising its defence budget above 2.1% GDP. Spain may adjust spending if NATO requirements change.
Spain declared on Wednesday that it anticipates no negative fallout from its decision to forego meeting NATO's proposed defence spending benchmark of 5% of gross domestic product. This target is expected to be ratified by NATO member countries at a summit in The Hague.
Speaking to Bloomberg TV, Economy Minister Carlos Cuerpo emphasized that Spain would remain a dutiful ally. He assured that Madrid would uphold its commitments to enhancing military capabilities, despite not reaching the 5% GDP target. Cuerpo stated, "No repercussions should derive from making good on our commitments and from being a reliable NATO ally."
The endorsement of a higher defence spending aim comes in light of U.S. President Donald Trump's advocacy and European security concerns post-Russia's 2022 Ukraine invasion. However, Spanish Prime Minister Pedro Sanchez maintained that spending beyond 2.1% of GDP is unwarranted under current commitments. Cuerpo noted that adjustments may occur if NATO revises capability requirements.
(With inputs from agencies.)
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