NATO countries agree to raise defense spending target to five percent of GDP amid ‘long-term threat posed by Russia’
Source: Meduza
NATO countries have agreed to raise the alliance’s defense spending benchmark to five percent of GDP, according to the final declaration from its summit taking place this week in The Hague.
Member states committed to reaching the new percent target by 2035. The declaration emphasizes that this pledge is being made “in the face of […] the long-term threat posed by Russia to Euro-Atlantic security” as well as the ongoing threat of terrorism.
The document also reaffirms NATO’s “ironclad commitment to collective defence as enshrined in Article 5 of the Washington Treaty — that an attack on one is an attack on all.”
