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NATO chief calls for ‘credible plans’ to reach defence spending goals

NATO chief calls for ‘credible plans’ to reach defence spending goals

Summary

NATO Secretary General Mark Rutte said that member countries now spend about 4% of their GDP on defense, getting closer to the United States' spending level. At the upcoming NATO summit in Ankara, members are expected to announce new defense contracts worth tens of billions of dollars.

Key Facts

  • NATO members currently spend about 4% of their GDP on defense.
  • This amount is closer to the U.S. defense spending level.
  • The NATO summit is taking place in Ankara.
  • Countries will announce tens of billions of dollars in new defense contracts.
  • The NATO chief called for credible plans to meet defense spending goals.
  • Mark Rutte is the Secretary General of NATO.
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