NATO leaders have agreed to raise defense spending to 5% of GDP, a significant shift aimed at addressing contemporary security threats. This target, influenced by US President Trump's demands, will escalate commitments from the previous 2% goal established after Russia's 2014 annexation of Crimea. Over the next decade, NATO aims to allocate approximately hundreds of billions more annually. The new budget is split into 3.5% for core defense and 1.5% for broader security initiatives, encouraging member nations to enhance their military readiness and invest in vital infrastructure and cybersecurity.
The decision by NATO to raise its defense spending target to 5 percent of GDP marks a significant shift, reinforcing collective security amidst evolving global threats.
US President Trump has long insisted that NATO members increase their defense expenditures as part of a broader strategy to enhance military readiness and deter aggression.
Historically, NATO members struggled to meet previous spending commitments, but the annexation of Crimea in 2014 catalyzed a more concerted effort to reverse this trend.
The new 5 percent target, categorized into pure defense and broader security investments, emphasizes a comprehensive approach to bolstering NATO's capabilities.
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