News has been added to the top of the lists.
Climb up to see them.
Subscribe to the newsletter
NATO won't back Trump's new defence spending target but will raise its sights
Andrew Gray - Reuters -
10/01
NATO won't heed Donald Trump’s proposal for a massive hike in defence spending but will likely agree to go beyond its current target, according to officials and analysts.
Summary
Trump says NATO members should spend 5% of GDP on defence
That call won't fly for alliance members
But some are ready to raise goal beyond current 2%
Trump has said US won't protect allies that don't meet targets
Some see new goal of around 3% to be agreed at June summit
BRUSSELS, Jan 10 (Reuters) - NATO won't heed Donald Trump’s proposal for a massive hike in defence spending but will likely agree to go beyond its current target, according to officials and analysts.
The U.S. president-elect declared on Tuesday members of the military alliance should spend 5% of gross domestic product (GDP) on defence – a huge increase from the current 2% goal and a level that no NATO country, including the United States, currently reaches.
Trump’s comments – at a press conference that also generated a blizzard of headlines on Greenland, Canada and Panama – were a reminder of his focus on NATO spending during his first term and his threats not to protect allies that fail to meet the target.
Officials from NATO countries said they agreed defence spending needs to rise further but did not endorse the 5% figure, which analysts said would be politically and economically impossible for almost all members. It would require hundreds of billions of dollars in extra funding.
However, a new target is likely to be agreed at a NATO summit in The Hague in June, spurred by fears that Russia may attack a NATO country after Ukraine and by Trump’s exhortations, officials said.
The key open questions are what that new target will be and whether it will be enough to satisfy Trump.
Some expect NATO's 32 members to agree, after much wrangling, to a target of around 3% of GDP. But even that would be a stretch for many, who barely meet or fall short of the 2% goal now – a decade after it was set.
"It seems there will be a shift," Italian Defence Minister Guido Crosetto told Reuters. "I don't think it will be 5%, which would be impossible for almost every nation in the world right now but..... [Short citation of 8% of the original article]
Loading...
🍪
The economic model of our website relies on displaying personalized advertisements based on the use of advertising cookies. By continuing your visit to our website, you consent to the use of these cookies.
Privacy Policy