NATO countries agree to increase defense spending

The leaders of the NATO countries at the end of the summit in Brussels confirmed their intention to continue to increase defense spending, according to the final statement of the summit.

“All NATO member states have increased their defense spending in real terms, and this trend will continue,” the document says.

The statement emphasizes that ” the level of defense spending in the ten NATO countries this year is expected to be 2% of GDP or higher. About two-thirds of NATO member states plan to reach or exceed the recommended level of 2% by 2024.”

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Author: Ivan Maltsev
The study of political and social problems of different countries of the world. Analysis of large companies on the world market. Observing world leaders in the political arena.
Function: Chief-Editor
Ivan Maltsev

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