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Dhaka Tribune

Infographic: Nato summit to focus on alliance spending

Greater 'burden sharing' is set to be a theme of the Nato summit in Brussels, with just eight of the alliance’s 29 members living up to their commitments to spend at least two percent of GDP on defence. US President Donald Trump has called on fellow members to shoulder a bigger share of the Nato budget. Under current projections, only 15 of the allies will be spending at least two percent of their GDP on defence by 2024 – a target agreed upon by all member countries in 2014 following Russia’s annexation of Crimea – according to a Reuters report. Spain has said it will not meet the 2024 target. Belgium, the Netherlands, Luxembourg, Italy, Portugal, Norway and Denmark are also lagging. Hungary expects to meet the goal only by 2026. France will increase its defence spending by more than a third between 2017 and 2025, but Germany, Europe’s biggest economy, is not expected to reach the two percent target by 2024. Nato data shows that Britain, Greece, Romania and the Baltic countries of Estonia, Latvia and Lithuania meet, or are close to, the two percent goal. France and Turkey are among those countries set to reach it soon

Update : 23 Jun 2018, 05:26 PM

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