WORLD NATO's Stoltenberg expects allies to lift defense spending target

WORLD

NATO's Stoltenberg expects allies to lift defense spending target

CGTN

17:37, January 25, 2023

NATO Secretary General Jens Stoltenberg expects the alliance's member states to raise their current spending target on defense to 2 percent of national output when they meet for a summit in Vilnius in July, he told German newspaper Die Welt.

NATO chief Jens Stoltenberg gestures as he gives a joint press conference with Germany's Defence Minister following talks on January 24, 2023 at the Defence Ministry in Berlin. (Photo: AFP)

"I assume that there will be a new target for defense spending when we meet for the NATO summit in Vilnius in July this year," Stoltenberg told Welt.

"The two percent target was initially for a decade, so until 2024, so we have to update it now."

Stoltenberg said he could not yet say what the member states would agree on. "But I assume that it will be a more ambitious target than before because everybody sees that we need to invest more," he said.

In 2006, NATO defense ministers agreed to commit a minimum of 2 percent of their gross domestic product (GDP) to defense spending to ensure the alliance's military readiness, according to NATO's website.

This guideline serves as an indicator of a country's political will to contribute to NATO's joint defense efforts since the defense capacity of each member has an impact on the overall perception of the alliance's credibility as a politico-military organization, the website said.

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue