NATO alliance expenditures have increased over the past 3 years and looks to go higher as militaries update equipment and stretch their presence – PB/TK
NATO set for defense spending increases as Trump seeks even more – By John Vandiver / June 28 2017
NATO allies are expected to boost defense spending in 2017 by 4.3 percent, marking the third consecutive year expenditures will rise for an alliance under pressure from the Trump administration to invest even more in their militaries.
“This means, over the last three years, European allies and Canada spent almost $46 billion U.S. dollars more on defense,” NATO Secretary-General Jens Stoltenberg told reporters at his Brussels headquarters. “So we have really shifted gears. The trend is up and we intend to keep it up.”
NATO defense ministers will meet on Thursday for a day of talks that will focus on efforts to increase military expenditures and chart the alliance’s future course in Afghanistan, where the Pentagon is considering a troop increase.
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