Budris: NATO's Goal of Spending 5% of GDP on Defense for 10 Years "Too Long"
5 Articles
5 Articles
As NATO allies plan to increase defence spending to 5 per cent of gross domestic product (GDP) over the next decade, Lithuanian Foreign Minister Questutis Budris says that such a period is "too long".
Belgium is unlikely to meet the new NATO standard, which requires countries to spend 5 percent of their GDP on defense within ten years.
Denmark's Prime Minister, Mette Frederiksen, has made clear her disagreement with the possibility that the 5 percent of the GDP investment horizon proposed within NATO will include "exceptions for some countries" and has even advocated advancing the target to 2030 to reach that threshold, as 2036 is "too late".
Foreign Minister Kęstutis Budrys says that NATO countries are too long a time frame to increase their defense spending to 5 percent of gross domestic product (GDP) over the next 10 years. “The timeframe for implementation is too long. Our ambition to do it in five years seemed to be too long. Now to set 10 years is far too long a time frame,” Budrys told reporters in The Hague on Tuesday.
As NATO allies plan to increase defense spending to 5% of gross domestic product (GDP) over the next decade, Lithuanian Foreign Minister Kęstutis Budrys says that such a timeframe is "far too long."
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