NATO member states have reached a consensus on a landmark defence spending target of 5% of GDP by 2035, paving the way for a formal announcement at the alliance’s upcoming summit in The Hague.
NATO diplomats confirmed on Sunday that all 32 member nations have approved a joint statement establishing a new goal for defence and security-related expenditure. The agreement follows extensive negotiations, with Spain previously voicing concerns over the scale of the proposed increase. However, a consensus was ultimately reached ahead of the high-level summit set to begin on Wednesday.
The statement, which remains unofficial until it is endorsed by NATO leaders, including U.S. President Donald Trump, represents a significant shift in the alliance’s defence posture. Currently, NATO’s formal target is set at 2% of GDP, a benchmark many members have struggled to meet. The proposed 5% goal signals a robust response to growing global security threats and aims to bolster the alliance’s collective deterrence capabilities.
According to diplomatic sources, the new target is not expected to be immediately binding but will serve as a guiding objective for long-term defence planning. The text reportedly calls for a gradual and "sustainable path" toward the 2035 goal, with flexibility for national economic conditions.
The decision comes amid heightened tensions in Europe and renewed pressure from the United States for greater burden-sharing within the alliance. President Trump has repeatedly urged NATO allies to step up their defence commitments, a stance he is expected to reiterate during his address in The Hague.
The summit is also likely to feature discussions on NATO’s strategic posture, the ongoing conflict in Eastern Europe, cybersecurity coordination, and emerging threats in the Indo-Pacific region.
The global oil market may be tighter than headline supply-demand figures suggest, the International Energy Agency (IEA) said Friday, citing rising ref...
European shares dropped on Friday after President Donald Trump intensified tariff threats against the EU, casting doubt on trade talks and dampening i...
China’s exports are expected to have grown 5% in June as manufacturers hurried goods abroad ahead of a 12 August deadline that could see the U.S. re...
U.S. special envoy for Ukraine, Keith Kellogg, is set to arrive in Kyiv on Monday for a week-long visit, Ukrainian outlet Novyny.LIVE reported on Frid...
Kazakhstan's Ministry of Transport and Afghanistan's Ministry of Public Works have reached an agreement on the construction of a new railway line to c...
The European Union is stepping up its health crisis preparedness by stockpiling essential medical supplies and boosting coordination among member states.
Türkiye will host the 2026 NATO leaders summit in Ankara, President Recep Tayyip Erdogan announced on Monday, saying the country is preparing the groundwork for what he described as “very important” decisions.
Lithuania has formally notified the United Nations of its decision to withdraw from the international treaty banning anti-personnel landmines, citing security concerns over Russia.
The Kremlin has voiced strong concern over Estonia’s readiness to host NATO’s nuclear-capable F-35A jets, calling the move an immediate danger to Russia.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
The 17th Summit of the Economic Cooperation Organization (ECO) was successfully held in Khankendi, Azerbaijan, highlighting the region’s revival and the deepening economic cooperation among member states.
Dozens of international and domestic flights were cancelled or delayed after Mount Lewotobi Laki Laki erupted on Monday, but Bali’s main airport remains operational.
Washington and Ottawa are once again at odds, as President Trump unveils a sharp new tariff on Canadian goods—citing drug trafficking and trade disputes just weeks ahead of a key deadline.
France recorded over 100 drowning deaths in just one month — a 58% rise from last year — as unusually high temperatures drove more people to water, public health officials say.
Migration offset natural decline for the fourth consecutive year, pushing the European Union’s population to an historic high of 450.4 million in 2024, according to Eurostat figures released on Friday.
Germany’s public debt is projected to climb from 62.5% to 74% of GDP by 2030, driven by record defence and infrastructure spending, according to a report by the European rating agency Scope.
The global oil market may be tighter than headline supply-demand figures suggest, the International Energy Agency (IEA) said Friday, citing rising refinery activity and seasonal summer demand as key drivers of short-term market pressure.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment