The US Defence Secretary, Pete Hegseth, announced that NATO allies are on the verge of agreeing to raise defense spending to 5% of GDP over the next decade, with discussions scheduled for later this month in The Hague. This target includes a substantial commitment of 3.5% for military and 1.5% for infrastructure spending. Many member countries are already surpassing the previous 2% target, signifying progress towards the new commitment. The initiative is backed by the UK's Prime Minister, who aims to ensure adherence among allies to maintain collective defense pledges.
The US Defence Secretary stated NATO allies are "very close" to agreeing on raising their defense spending to 5% GDP, expected to be confirmed in the Hague.
Pete Hegseth emphasized that the alliance's commitment to 5% includes 3.5% for military needs and 1.5% for related infrastructure and activities.
Hegseth highlighted that many countries are already exceeding 2% in defense spending and that a consensus on the 5% commitment is near finalization.
The British Prime Minister will discuss the 5% defense increase with NATO's Secretary General, focusing on ensuring all allies fulfill their commitments.
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