PROMISES, PROMISES: NATO members agree to increase defense spending to 5%.
NATO members agreed on Sunday to increase defense spending to 5% of their countries’ GDP, a benchmark long sought by President Donald Trump, who had complained more vocally than other US presidents that his country had shouldered much of Europe’s security for too long.
Spain had sought to block the measure, but ultimately dropped its opposition after a deal was reached for it to be exempt.
It is expected that NATO members will vote in favor of ramping up defense spending to 5% during the upcoming two-day NATO meeting set to start Tuesday in The Hague.
Once adopted, all member nations except Spain will have until 2035 to reach the goal of 5%.
The agreement calls for at least 3.5% of national GDP to be spent on core military needs, while an additional 1.5% can be allocated for related expenditures.
Ten years to reach a modest goal that Britain, France, Germany, and Italy aren’t serious about, and that Spain got out of just by complaining?