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“I acknowledge the chance that we will reach an agreement on increased defense expenditures - 5% of GDP - at the summit in The Hague,” Bloomberg quoted Rutte.
The agency notes that Rutte has explicitly acknowledged the ambition to reach this goal within the alliance for the first time.
As reported by Bloomberg, 3.5 percent of NATO nations' GDP must be allocated directly for arms, equipment, and technology, while an additional 1.5 percent should support related sectors, like developing infrastructure to improve the military mobility of NATO forces.
Rutte stated that ‘considerably over 3 percent’ of GDP ought to be allocated for the manufacturing of weapons and equipment. The Secretary General did not provide further details on this matter.
At present, 23 of the 32 NATO nations meet the alliance's mandate of allocating 2% of GDP for defense.
source: bloomberg.com
The agency notes that Rutte has explicitly acknowledged the ambition to reach this goal within the alliance for the first time.
As reported by Bloomberg, 3.5 percent of NATO nations' GDP must be allocated directly for arms, equipment, and technology, while an additional 1.5 percent should support related sectors, like developing infrastructure to improve the military mobility of NATO forces.
Rutte stated that ‘considerably over 3 percent’ of GDP ought to be allocated for the manufacturing of weapons and equipment. The Secretary General did not provide further details on this matter.
At present, 23 of the 32 NATO nations meet the alliance's mandate of allocating 2% of GDP for defense.
source: bloomberg.com
