NATO Chief Urges Nations to Boost Defence Spending to 5% by 2035
NATO Secretary General Mark Rutte has urged member nations to boost defence spending, stressing the need for enhanced security. The alliance has set a target for countries to invest 5% of their gross domestic product (GDP) in defence by 2035, with 3.5% earmarked for core defence expenditure.
Currently, most NATO members fall short of this goal, with many spending less than 3% of their GDP on defence. Among EU countries, Greece led the way in 2021, allocating the highest percentage of its GDP to defence. NATO allies and Canada are collectively working towards aligning their defence spending with that of the United States.
Meanwhile, the NATO Parliamentary Assembly, a consultative body comprising lawmakers from member and partner nations, recently concluded its perennial session in Ljubljana. The event saw the participation of 245 delegates.
NATO's call for increased defence spending aims to strengthen the alliance's security posture. While the 2035 target remains ambitious, the NATO Parliamentary Assembly's annual session underscored the alliance's commitment to collective defence and dialogue.
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