NATO leaders are set to agree on a new defense spending target, with the goal of increasing military expenditures to meet the growing security threats from Russia's rearmament efforts. NATO Secretary-General Mark Rutte has urged European and Canadian members to "equalise" their contributions with the US.
The current 2% of GDP target is seen as unsustainable by NATO leaders, who are proposing a significant increase in defense spending for its member nations. The proposed deal would bring total defense spending to at least 3.5% of GDP, as recommended by NATO Secretary-General Jens Stoltenberg during the upcoming summit in The Hague.
NATO Secretary-General Mark Rutte has suggested increasing contributions to 3.5% by the 2030s, while warning that member nations must meet this target to counter Russia's growing military capabilities.