NATO countries to 10 billion dollars of increased funding for the defense sector
Jens Stoltenberg. Photo: AFP
In 2016 the defense spending of the countries-members of NATO has increased to 10 billion U.S. dollars. This was stated by NATO Secretary General Jens Stoltenberg before a Ministerial meeting in Brussels, reports «European true».
«Defense spending increased by 3.8% among the European allies and Canada. It is about $ 10 billion, and it is much more than we expected,» – said Stoltenberg.
The NATO Secretary General noted that this is an important step for strengthening of defense of the countries-members of NATO.
«But I want to emphasize that we have a long way to ensure that all countries (members of NATO – Ed.) reached the level of defence spending at 2% of GDP,» – Said the NATO Secretary General.
Stoltenberg noted that the indicator of 2% is made up of five countries, Romania and the Baltic States are approaching this level.
As reported, at the meeting in Brussels, defence Ministers will discuss the equitable distribution of budgetary burden for the collective security and defense of the NATO countries.
The Ministers will also consider the role of the Alliance in responding to challenges that originate from the southern borders of NATO, North Africa, and also from the Middle East.