NATO Summit Promises Increased Defence Spending
NATO Secretary General Reveals Allies will Spend and Extra $266 Billion on Defence
Speaking ahead of the Brussels Summit on Wednesday (11 July 2018) NATO Secretary General Jens Stoltenberg said Allies will deliver on fairer burden-sharing. Mr Stoltenberg said European Allies and Canada are expected to spend an extra $266 billion on defence between now and 2024. Mr Stoltenberg also explained how leaders will take decisions to increase the readiness of Allies forces, modernize NATO’s Command Structure, and do more in the fight against terrorism.
Full Text of The Secretary General’s Statement
I’m looking forward to welcoming the Heads of State and Government and also the leaders of our partner nations, to the NATO Summit which starts in just a few hours. And all NATO Summits matter of course but the Summit today and tomorrow is of particular importance because we are faced with unprecedented security challenges and threats, and at the same time we see differences, disagreements between Allies.
So it’s very important that this Summit shows that NATO delivers, that we are able to do more together, all 29 Allies, North-America and Europe. And I’m confident that despite discussions, disagreements, we will decide and we will deliver. Meaning that we will deliver on how to strengthen our collective defence with high readiness of our troops. We will deliver on stepping up the efforts to fight terrorism with a new training mission in Iraq and more support for the Afghan security forces. And we will also deliver when it comes to making sure that NATO is always fit for purpose by modernizing our Command Structure, establishing new two commands, one in Norfolk, Virginia, and one in Ulm, in Germany. But perhaps most important, we will also deliver when it comes to burden-sharing, defence spending. Because after decades where Allies were cutting defence budgets by hundreds of billions of dollars and euros we are seeing now that they are adding billions of euros to their defence budgets. So we see that last year we had the biggest increase in our defence spending across Europe and Canada, in a generation, we see that all Allies have started to increase defence spending and based on the national plans we have agreed to develop last year, we estimate that European Allies and Canada will add 266 billion US dollars to the defence budgets from now until 2024. So we are moving in the right direction. And a strong NATO is important for Europe but is also important for the United States and therefore it is important that we show that this Summit, despite differences on different issues is able to agree and deliver on strengthening NATO as a corner stone of transatlantic unity.