NATO Members Set To Agree To 5% Defense Spending, Rubio Says
By: bitcoin ethereum news|2025/05/16 16:45:05
0
Share
Topline Secretary of State Marco Rubio on Thursday said all NATO members will soon agree on a goal to raise their defense spending level to 5% of their GDP over the next decade, addressing a key complaint raised by President Donald Trump about the alliance’s other members not paying a fair share. US Secretary of State Marco Rubio speaks to the media following an informal meeting of The North ... More Atlantic Treaty Organisation (NATO) foreign ministers in Antalya. Key Facts In an interview with Fox News host Sean Hannity on Thursday, Rubio said there had been a significant uptick in defense spending by NATO member nations ever since Trump first raised the issue in 2018. The secretary of state said that when Trump first raised the issue in 2018, some members’ spending was less than 1% of their GDP, but this has since gone up substantially, with “virtually every member” being above 2% and “many of them” over 4% of the GDP ahead of the 2025 NATO summit in June. By the time next month’s summit takes place, “all will have agreed on a goal of reaching 5% over the next decade,” he added. Rubio, who was in Turkey to attend a meeting of NATO foreign ministers, said if everything materializes as planned, it will be the first time in the alliance’s history where the members have “reached targets and goals that will allow NATO partners to be more than 50 percent of the Alliance.” What Do We Know About Nato’s 5% Spending Proposal? AFP reported that NATO chief Mark Rutte has floated the proposal for the alliance’s 32 members to commit to spending 3.5% of their GDP on their militaries and an additional 1.5% on other security-related expenses over the next decade to address Trump’s complaints. The report said Rutte’s plan will push members to raise defense spending by 0.2 percentage points of their GDP each year over the next seven years until the 3.5% target is reached. The other 1.5% security spending is deliberately defined more loosely and could include everything from infrastructure projects, cyberdefense spending, and even support for Ukraine. How Have Nato Members Reacted? German Foreign Minister Johann Wadephul expressed support for the plan at a meeting with other NATO foreign ministers in Turkey. Wadephul told reporters that the final result of this proposal would be in line with the 5% spending Trump “considers necessary,” and “we are following him in this respect.” French Foreign Minister Jean-Noel Barrot also endorsed Rutte’s plan, saying the 3.5% target was “the right amount for core defense spending.” Source: https://www.forbes.com/sites/siladityaray/2025/05/16/rubio-says-nato-members-are-set-to-agree-on-5-defense-spending-goal/
You may also like

The most important thing in Web3 primary market investment
There is no perfect model, only builders who are respectful and responsible towards the market.

The strategic focus of cryptocurrency in reconstructing the international monetary system and the Chinese solution
Cryptocurrency has a significant impact on our country's international financial cooperation and creates great opportunities for enhancing our international financial discourse power. We must adapt to the new trends in the reform of the international monetary system, analyze the structural contradic...

Musk Poached Aave App's Web3 Prodigy
Aesthetic is a gift.

The Petro Order is Cracking. What Comes Next for the Middle East?
Ground War Begins, or Deterrence Takes Hold

ETF Fund Inflows Emerging, What's Still Missing for BTC to Fully Recover?
The market is entering a crucial phase of equilibrium.

Forbes Special Report: The Embrace of AI Agents in the Cryptocurrency Industry
AI agents are becoming the true native users of cryptocurrency; they do not need a beautiful interface, just a wallet and a payment track. This wave of "machine commerce" may be the most rational narrative in the crypto industry for years, or it may just be another round of hype in a new bottle.

Bitpanda, Vision Web3 Foundation, and Optimism Partner to Onboard European Financial Institutions to the Global Blockchain Economy
Vision Chain aims to address the long-standing infrastructure bottlenecks in the European financial sector

What will the early Hyperliquid prediction market look like?
Unleash the Imagination Space of On-chain Finance

Overseas VC's Two-Week Trip to China AI Leaves Them in Awe of Shenzhen Hardware
Delphi Labs founder's two-week deep dive into China's AI ecosystem: More bullish on hardware than expected, more bearish on software than expected, and observations on Chinese founders that flipped his prior beliefs.

Was CZ Also Rug Pulled? BNB Treasury CEA Industries Control Battle
CEA Industries' mNAV drops to 0.68, YZi Labs personally steps in to clean up the mess

A transaction in 7 seconds, earning tens of millions of dollars, he's seen as the "cancer of meme coins."
The belief that "Day Trading Shitcoins is the Only Way to Make Money" has become their go-to strategy.

Bittensor Ecosystem Token SN Surges 5x in March, What's Behind Richard Heart's One-Liner?
What did Andrew Ng say? Did he say anything? Is Distributed AI Training Feasible?

The economy is entering a new cycle, how can the average person prepare?
The key is not how much you earn, but whether you have cash flow, low leverage, and the ability to earn consistently

Access Binance Alpha Box: Sigma.Money to Launch BNB Chain Ecosystem Yield Farming Gateway
Sigma.Money's innovation is now translating into tangible market momentum.

Kimi, Chip, and Bean come together for a Crypto Hackathon: What did AI developers build on Monad?
Monad Ecosystem AI Deployment, More Than Just a Hackathon.

How to Trade Crypto on Mobile Browser & Win LALIGA Tickets (2026 Guide)
Discover how AI automation, natural language trading, and mobile browser trading platforms are shaping automated trading in 2026. Join the WEEX live trading event for early access and rewards like LALIGA VIP tickets.

Connecting encryption, TradFi, and payments, is Gate completing the final puzzle of the "super APP"?
Why is it said that TradFi is not a short-term narrative?

a16z Crypto Operating Partner: Wall Street is undergoing its biggest infrastructure upgrade in 30 years
What is currently happening is the largest infrastructure upgrade in the capital market since the rise of electronic trading thirty years ago.
The most important thing in Web3 primary market investment
There is no perfect model, only builders who are respectful and responsible towards the market.
The strategic focus of cryptocurrency in reconstructing the international monetary system and the Chinese solution
Cryptocurrency has a significant impact on our country's international financial cooperation and creates great opportunities for enhancing our international financial discourse power. We must adapt to the new trends in the reform of the international monetary system, analyze the structural contradic...
Musk Poached Aave App's Web3 Prodigy
Aesthetic is a gift.
The Petro Order is Cracking. What Comes Next for the Middle East?
Ground War Begins, or Deterrence Takes Hold
ETF Fund Inflows Emerging, What's Still Missing for BTC to Fully Recover?
The market is entering a crucial phase of equilibrium.
Forbes Special Report: The Embrace of AI Agents in the Cryptocurrency Industry
AI agents are becoming the true native users of cryptocurrency; they do not need a beautiful interface, just a wallet and a payment track. This wave of "machine commerce" may be the most rational narrative in the crypto industry for years, or it may just be another round of hype in a new bottle.
