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The NATO alliance agreed to a new defense spending target of 5% GDP by 2035, after a record number of members met the prior 2 ...
NATO allies have reportedly agreed to hike their defense spending to 5% of gross domestic product (GDP) by 2035. One chart ...
The decision by NATO members on Wednesday to spend five percent of their GDP on defence could shift budget priorities.
All NATO countries will reach the alliance's 2% of GDP target for defence spending this year, the first time since allies agreed to it over a decade ago, NATO chief Mark Rutte said.
By bne IntelliNews Nato leaders are poised to endorse a landmark agreement to raise the alliance's collective defence investment target to 5% of GDP, as the Alliance faces mounting global security ...
Nato members confirm they've agreed to spend 5% of GDP on defence and security by 2035 Donald Trump says the increase "is a big win for the US, Europe and Western civilisation" The current Nato ...
Canada will significantly boost its defence spending to hit a Nato target of 2% of GDP years earlier than planned, Prime Minister Mark Carney has announced. In a speech at the University of ...
Canada spent 1.4% of its GDP on defence in 2024 ... of failing to properly fund the country's military. Nato members have for years pledged to meet the 2% target - now seen as the bare minimum - but ...
Canada currently spends 1.37% of GDP on defence, far under the 2% required under the terms of NATO membership — a goal Canada has never achieved since its establishment in 2006.
Spain stands by its defence spending target of 2% of GDP, Spanish Defence Minister Margarita Robles said on Thursday, as pressure grows from NATO leadership and the United States for the ...
In a statement made on Thursday, Hegseth informed reporters of the potential consensus, stating that several countries within the NATO alliance are already exceeding the previous 2% GDP commitment.