Close Menu
  • Home
  • Aerospace & Defense
    • Automation & Process Control
      • Automotive & Transportation
  • Banking & Finance
    • Chemicals & Materials
    • Consumer Goods & Services
  • Economy
    • Electronics & Semiconductor
  • Energy & Resources
    • Food & Beverage
    • Hospitality & Tourism
    • Information Technology
  • Agriculture
What's Hot

Former UN special rapporteur Richard Falk interrogated for several hours in Canada | Israeli-Palestinian conflict News

US immigration crackdown continues with arrests in Charlotte, North Carolina | Donald Trump News

Renewable energy is reshaping the global economy – new report

Facebook X (Twitter) Instagram
USA Business Watch – Insightful News on Economy, Finance, Politics & Industry
  • Home
  • Aerospace & Defense
    • Automation & Process Control
      • Automotive & Transportation
  • Banking & Finance
    • Chemicals & Materials
    • Consumer Goods & Services
  • Economy
    • Electronics & Semiconductor
  • Energy & Resources
    • Food & Beverage
    • Hospitality & Tourism
    • Information Technology
  • Agriculture
  • Home
  • About Us
  • Advertise With Us
  • Contact us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
USA Business Watch – Insightful News on Economy, Finance, Politics & Industry
Home » NATO allies agree to a high 5% defence spending target
Aerospace & Defense

NATO allies agree to a high 5% defence spending target

ThefuturedatainsightsBy ThefuturedatainsightsJune 25, 2025No Comments3 Mins Read
Share Facebook Twitter Pinterest Copy Link Telegram LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email


Mark Latte of Donald Trump, executive director of the North Atlantic Treaty Organization (NATO) at the NAGO Summit held in The Hague, Netherlands on Wednesday, June 25th, 2025.

Bloomberg | Bloomberg | Getty Images

The NATO allies on Thursday agreed to more than double their defensive spending targets of 2% to 5% of gross domestic product, in the most decisive move from the alliance for more than a decade.

In the joint declaration, the alliance said it was “united in the face of serious security threats and challenges.” In particular, the long-term threat poses by Russia to the “permanent threat” of Euro-Atlantic security and terrorism.

“The Allies are committed to investing 5% of their GDP annually in core defence requirements and defence-related spending by 2035 to ensure our personal and collective duties,” he continued.

The 5% figure consists of at least 3.5% of GDP to be spent on “pure” defense, with the rest going to “critical infrastructure” related to security and defense, saying “unlocking the preparation and resilience, innovation of our citizens and strengthening our defense industry foundation.”

Allies should submit an annual plan that “shows reliable progressive paths to reach this goal.”

Some member states have yet to meet their 2014 target of spending 2% of their GDP on defense.

The historic movement is against the background of tensions in the Middle East and the ongoing war between Ukraine and Russia. Members have also been pushed into new targets to share more of the burden of collective defense after years of pressure across the terms of both Washington’s Canadians and US President Donald Trump on European allies.

The alliance on Wednesday also reaffirmed the “rotary iron commitment to collective defense” engraved in Article 5 that attacks are an attack on everything.

“We remain united and immovable in our resolve to protect one billion citizens, defend our alliances and protect freedom and democracy,” the statement read.

In response to the summit, NATO Executive Director Mark Latte said the agreement would promote a “quantum leap” in the alliance’s collective defense.

The deal “not only increases our security, it creates jobs,” Latte continued, noting that the allies “have made a critical commitment to addressing serious threats.”

Allies were united in realizing the seriousness of the threat they faced and “knowing that we need to step up to stay safe,” he said.

He said President Trump emphasized that while the US is committed to NATO, he hopes that European allies and Canada will make more contributions.

This is a breaking news story. Please check for more updates.



Source link

Follow on Google News Follow on Flipboard
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Copy Link
Previous ArticleTrump says China can buy Iranian oil, but urges us to buy our crude oil – Energy News, Top Headlines, Commentary, Features, Events
Next Article US whistleblower accuses Trump officials of intentionally ignoring court orders | Donald Trump News
Thefuturedatainsights
  • Website

Related Posts

Boeing defense workers strike votes on new contract

November 13, 2025

Firefly Aerospace (FLY) Q3 2025 Earnings

November 12, 2025

Flight cancellations have eased and the end of the shutdown is in sight

November 12, 2025
Leave A Reply Cancel Reply

Latest Posts

NFU warns as UK considers cattle feed additives to reduce methane

Unions sound alarm after wave of GPS attacks on NI farms

NI farmers warned to act as BVD rules tightened on 1 December

Northern Ireland braces for significant loss of veterinary medicine packs by 2026

Latest Posts

Boeing defense workers strike votes on new contract

November 13, 2025

Firefly Aerospace (FLY) Q3 2025 Earnings

November 12, 2025

Flight cancellations have eased and the end of the shutdown is in sight

November 12, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • Former UN special rapporteur Richard Falk interrogated for several hours in Canada | Israeli-Palestinian conflict News
  • US immigration crackdown continues with arrests in Charlotte, North Carolina | Donald Trump News
  • Renewable energy is reshaping the global economy – new report
  • JP Morgan doesn’t want to pay Frank founder Charlie Jarvis’ legal costs
  • Mexican protests inspired by Gen Z movement draw older government critics | Mexican protest news

Recent Comments

No comments to show.

Welcome to USA Business Watch – your trusted source for real-time insights, in-depth analysis, and industry trends across the American and global business landscape.

At USABusinessWatch.com, we aim to inform decision-makers, professionals, entrepreneurs, and curious minds with credible news and expert commentary across key sectors that shape the economy and society.

Facebook X (Twitter) Instagram Pinterest YouTube

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • March 2022
  • January 2021

Categories

  • Aerospace & Defense
  • Agriculture
  • Automation & Process Control
  • Automotive & Transportation
  • Banking & Finance
  • Chemicals & Materials
  • Consumer Goods & Services
  • Economy
  • Economy
  • Electronics & Semiconductor
  • Energy & Resources
  • Food & Beverage
  • Hospitality & Tourism
  • Information Technology
  • Political
Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 usabusinesswatch. Designed by usabusinesswatch.

Type above and press Enter to search. Press Esc to cancel.