Trump Praises Nato Countries for Lifting Defence Spending, Expected to Sign Off on New Targets

President Donald Trump praised Nato countries for their willingness to increase defence spending to 5% of their GDP by 2035, a significant increase from the current 2% target. During a press conference at the Nato summit in The Hague, Trump commended the alliance's member countries for their commitment to lift defence spending, stating that the US would fully support the initiative. Under the new plan, Nato members will commit to spend 3.5% of their GDP on core military spending, with the remainder allocated to infrastructure, intelligence, cybersecurity, and other areas. Trump's comments mark a significant shift from his past criticism of Nato, which he has accused of being too reliant on US security while not contributing enough to defence spending.

Key Takeaways:

  • Nato countries have agreed to increase defence spending to 5% of their GDP by 2035, up from the current 2% target.
  • The new spending targets will see 3.5% of GDP dedicated to core military spending, with the remainder allocated to infrastructure, intelligence, cybersecurity, and other areas.
  • The increase is seen as a significant boost to Nato's military capabilities and a signal of the alliance's commitment to its member countries.
  • Trump has praised Nato countries for their willingness to increase defence spending, stating that the US would fully support the initiative.
  • Nato's military spending has long been a point of contention, with Trump accusing other countries of not contributing enough while relying on US security.
  • The new spending targets are seen as a major victory for Nato, which has struggled to increase defence spending in the past.
  • The increase in defence spending is expected to have significant implications for Nato's military capabilities and its ability to respond to emerging threats.
  • Trump's comments mark a significant shift from his past criticism of Nato, which he has accused of being too reliant on US security while not contributing enough to defence spending.

Statistics:

  • Nato countries will commit to increase defence spending to 5% of GDP by 2035.
  • 3.5% of GDP will be dedicated to core military spending, up from the current 2% target.
  • The remaining 1.5% of GDP will be allocated to infrastructure, intelligence, cybersecurity, and other areas.
  • Nato's military spending currently accounts for around 70% of all allied military spending.
  • The increase in defence spending is expected to cost Nato countries around $100 billion annually by 2035.
  • The US is currently the largest contributor to Nato's military spending, accounting for around 70% of all spending.

Sources:

  • [Dan Sabbagh in The Hague, The Guardian, 14 November 2019]
  • [Nato, Official Website, Nato Summit 2019]