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Great Britain will spend 3% of GDP defense by 2034

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An immediate increase in defense costs from European countries requires the United States of America.

Up to 2034, Great Britain will spend 3% of its GDP in defense, the country’s Ministry of Defense leader John Hili said, reports The Times.

Heil noted that the indicator will be achieved after the next convincing parliament.

The publication noted that in February, British prime minister Cyrus Starmer announced that until April 2027, Great Britain would spend 2.5% of GDP defense. Starmer also announced ambitions to reach a cost of 3% of GDP for these purposes by 2034.

Increasing defense costs from European countries requires the United States. Currently, the NATO requires member countries to spend at least 2% of GDP in defense, but not all blocks states are overcome by this threshold. In June, leaders of NATO countries could increase the military budget of the alliance from 2 to 3%.

Negotiations to increase the target indicator of alliance defense costs up to 3% of NATO’s GDP European members began last year, after Donald Trump defeated the US president. The Republican has repeatedly criticized Europe’s allies in Washington for low defense costs and threatened to recover the United States from NATO.

In early May, Reuters reported that NATO secretary Mark Rutte offered bloc members a plan for increasing military costs to the total up to 5% of GDP.

Remember that the German government has decided to significantly increase defense costs – up to 5% of gross domestic product, more than 215 billion euros per year.

Earlier, NATO Secretary General Mark Rutte said most European countries would increase defense costs. He called such an increase of “excellent news” costs and re -emphasized the need for a “more fair balance” in the United States.

Remember that NATO has recorded the greatest increase in defense costs since the Cold War

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Source: korrespondent

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