NATO Defence Spending Agreement
NATO leaders convened in The Hague and reached a significant agreement to increase defence spending to 5% of their countries' economic output by 2025.
Joint Statement and Security Concerns
- The leaders expressed unity against "profound security threats and challenges."
- Emphasized the long-term threat from Russia to Euro-Atlantic security and the ongoing threat of terrorism.
Summit's Historical Context
- Secretary General Mark Rutte described the summit as historic.
- Commitment to continued support for Ukraine while promoting peace was highlighted.
Defence Spending Commitment
The agreement entails spending at least 3.5% of GDP on defence by 2035, with an additional 1.5% on security-related investments.
- Reaffirmation of the "ironclad commitment to collective defence."
- US President praised the outcome, emphasizing the move towards equality in burden-sharing.
Concerns and Reactions
- Some members, like Spain's Economy Minister, expressed concerns about the percentage focus.
- Belgium's Prime Minister considered the 3.5% target within 10 years as realistic.
Summit Proceedings
The summit began with a royal dinner and concluded with a concise meeting and brief communique.