NATO defence ministers are set to approve new purchasing targets for weapons and military equipment to enhance Europe's defense capabilities. This is part of a broader push to increase security spending, with some allies aiming for 5% of GDP on defense, though many still struggle to meet the 2% target. The move is spurred by concerns over Russia's military buildup.
NATO to approve new military purchasing targets as part of a major defence spending hike
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TL;DR: Key points with love ❤️NATO defence ministers are set to approve new purchasing targets for weapons and military equipment to enhance Europe's defense capabilities. This is part of a broader push to increase security spending, with some allies aiming for 5% of GDP on defense, though many still struggle to meet the 2% target. The move is spurred by concerns over Russia's military buildup.
Trending- 1 2022: Russia launched full-scale invasion of Ukraine, spurring allies to ramp up military spending.
- 2 2023: NATO agreed upon a blueprint for defending its territory (biggest planning shakeup since Cold War).
- 3 Thursday (current news): NATO defence ministers set to approve new purchasing targets in Brussels.
- 4 June 24-25: U.S. President Donald Trump and NATO counterparts will meet to agree to new defence investment goals.
- 5 Within 5-10 years: Targets must be met, given Russia's military buildup.
- Increased military spending by NATO members
- Enhanced defence capabilities for Europe, Arctic, and North Atlantic
- Potential for some allies to struggle meeting spending targets
- Heightened readiness for potential conflict with Russia
What: NATO defence ministers are approving new purchasing targets for weapons and military equipment.
When: Thursday (approval), June 24-25 (Trump and NATO counterparts meeting), 2022 (Russia's invasion of Ukraine), 2023 (blueprint agreed upon), within 5-10 years (targets to be met).
Where: NATO's Brussels headquarters, Europe, Arctic, North Atlantic, eastern flank (NATO territory).
Why: To better defend Europe, the Arctic, and the North Atlantic; to address security concerns spurred by Russia's full-scale invasion of Ukraine and its military buildup; to increase "hard power" and capabilities.
How: By setting "capability targets" for each of the 32 countries to purchase priority equipment (air defence systems, long-range missiles, artillery, ammunition, drones, strategic enablers) and aiming for increased defence spending (e.g., 5% of GDP).