NATO decides to sharply increase military spending
June 30, 2025NATO’s recent summit meeting held in the Netherlands decided to increase the military expenditure of its member nations to 5 percent of GDP until 2035.
Accordingly, NATO will additionally spend over one trillion US dollars as military expenditure every year.
Deriding the summit as an annual meeting fixed for the US, media outlets reported that the decision adopted according to the US’ demand and pressure for increasing military expenditure will be a great burden to European countries which are experiencing financial difficulties.
KCNA