On June 22, 2025, NATO member countries agreed to elevate defense spending to 5% of their GDP, a decision driven by extensive US pressure and security concerns in Europe. While Spain attempted to resist the initiative, they ultimately conceded to a special exemption. The upcoming NATO summit in The Hague is expected to finalize the vote supporting this substantial increase, with the goal set for 2035, requiring 3.5% for conventional defense and 1.5% for related expenditures. This development marks a critical shift in NATO's financial commitments amidst changing global security dynamics.
Member countries of NATO will now aim for a significant increase in defense spending to 5% of GDP, a target pushed by the US for years.
The agreement to reach a 5% defense spending target highlights the growing pressures on NATO members to contribute more financially, especially in the face of geopolitical threats.
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