NATO Members Set To Agree To 5% Defense Spending, Rubio Says
The post NATO Members Set To Agree To 5% Defense Spending, Rubio Says appeared on BitcoinEthereumNews.com.
Topline Secretary of State Marco Rubio on Thursday said all NATO members will soon agree on a goal to raise their defense spending level to 5% of their GDP over the next decade, addressing a key complaint raised by President Donald Trump about the alliance’s other members not paying a fair share. US Secretary of State Marco Rubio speaks to the media following an informal meeting of The North … More Atlantic Treaty Organisation (NATO) foreign ministers in Antalya. POOL/AFP via Getty Images Key Facts In an interview with Fox News host Sean Hannity on Thursday, Rubio said there had been a significant uptick in defense spending by NATO member nations ever since Trump first raised the issue in 2018. The secretary of state said that when Trump first raised the issue in 2018, some members’ spending was less than 1% of their GDP, but this has since gone up substantially, with “virtually every member” being above 2% and “many of them” over 4% of the GDP ahead of the 2025 NATO summit in June. By the time next month’s summit takes place, “all will have agreed on a goal of reaching 5% over the next decade,” he added. Rubio, who was in Turkey to attend a meeting of NATO foreign ministers, said if everything materializes as planned, it will be the first time in the alliance’s history where the members have “reached targets and goals that will allow NATO partners to be more than 50 percent of the Alliance.” What Do We Know About Nato’s 5% Spending Proposal? AFP reported that NATO chief Mark Rutte has floated the proposal for the alliance’s 32 members to commit to spending 3.5% of their GDP on their militaries and an additional 1.5% on other security-related expenses over the next decade to address…
Filed under: News - @ May 16, 2025 8:27 am