The Prague Post - US says NATO close to agreeing to Trump's defence spending demand

EUR -
AED 4.356899
AFN 81.253891
ALL 97.746566
AMD 454.461823
ANG 2.123798
AOA 1087.756925
ARS 1742.867408
AUD 1.77497
AWG 2.138148
AZN 2.028064
BAM 1.965638
BBD 2.390264
BDT 144.491998
BGN 1.955584
BHD 0.44701
BIF 3493.395131
BMD 1.186212
BND 1.517055
BOB 8.201048
BRL 6.286094
BSD 1.18674
BTN 104.471906
BWP 15.788023
BYN 4.016602
BYR 23249.760466
BZD 2.389158
CAD 1.629796
CDF 3351.049961
CHF 0.933075
CLF 0.028656
CLP 1124.149584
CNY 8.439129
CNH 8.428115
COP 4587.379396
CRC 597.792089
CUC 1.186212
CUP 31.434625
CVE 110.916465
CZK 24.331461
DJF 210.813674
DKK 7.465666
DOP 74.138314
DZD 153.269297
EGP 57.024662
ERN 17.793184
ETB 171.348527
FJD 2.646736
FKP 0.871827
GBP 0.868604
GEL 3.199643
GGP 0.871827
GHS 14.531281
GIP 0.871827
GMD 85.407731
GNF 10272.598159
GTQ 9.097304
GYD 248.19226
HKD 9.229384
HNL 31.031651
HRK 7.533991
HTG 155.287249
HUF 389.86086
IDR 19466.929541
ILS 3.958574
IMP 0.871827
INR 104.251629
IQD 1553.938072
IRR 49895.056884
ISK 143.009493
JEP 0.871827
JMD 190.721389
JOD 0.841066
JPY 173.761107
KES 153.618429
KGS 103.732602
KHR 4754.339239
KMF 492.277882
KPW 1067.599792
KRW 1635.553221
KWD 0.361723
KYD 0.98895
KZT 641.732018
LAK 25681.495947
LBP 106225.308931
LKR 358.313442
LRD 210.81957
LSL 20.568577
LTL 3.502577
LVL 0.717528
LYD 6.423384
MAD 10.631431
MDL 19.652365
MGA 5302.368515
MKD 61.838735
MMK 2489.958798
MNT 4266.950556
MOP 9.513316
MRU 47.353732
MUR 53.688071
MVR 18.161414
MWK 2060.450675
MXN 21.694041
MYR 4.988044
MZN 75.810609
NAD 20.568717
NGN 1774.704327
NIO 43.545675
NOK 11.607444
NPR 167.154648
NZD 1.983566
OMR 0.455919
PAB 1.18674
PEN 4.126833
PGK 4.954215
PHP 67.372091
PKR 333.916613
PLN 4.252123
PYG 8468.278623
QAR 4.318702
RON 5.06395
RSD 117.225037
RUB 98.661379
RWF 1715.26294
SAR 4.449308
SBD 9.747125
SCR 17.506512
SDG 713.508599
SEK 10.953723
SGD 1.513726
SHP 0.932177
SLE 27.668394
SLL 24874.282514
SOS 677.918385
SRD 45.431332
STD 24552.199008
STN 25.1477
SVC 10.383886
SYP 15422.964465
SZL 20.569661
THB 37.602032
TJS 11.167496
TMT 4.163605
TND 3.42074
TOP 2.778227
TRY 48.991636
TTD 8.060344
TWD 35.668334
TZS 2935.874924
UAH 48.838424
UGX 4156.805781
USD 1.186212
UYU 47.667785
UZS 14685.307846
VES 190.087408
VND 31295.245178
VUV 141.376625
WST 3.275017
XAF 659.256733
XAG 0.027868
XAU 0.000321
XCD 3.205798
XCG 2.138805
XDR 0.824767
XOF 657.764334
XPF 119.331742
YER 284.157105
ZAR 20.5793
ZMK 10677.335024
ZMW 27.740849
ZWL 381.959867
  • RBGPF

    0.0000

    77.27

    0%

  • CMSC

    0.0700

    24.39

    +0.29%

  • AZN

    -0.4900

    77.56

    -0.63%

  • NGG

    -0.7400

    70.88

    -1.04%

  • BTI

    -0.2400

    55.79

    -0.43%

  • RIO

    -0.2800

    63.44

    -0.44%

  • GSK

    -0.2500

    40.05

    -0.62%

  • BP

    0.2200

    34.43

    +0.64%

  • RELX

    -0.1700

    46.69

    -0.36%

  • RYCEF

    -0.1400

    15.5

    -0.9%

  • SCS

    0.0100

    16.88

    +0.06%

  • JRI

    -0.1400

    13.92

    -1.01%

  • VOD

    -0.0400

    11.77

    -0.34%

  • BCC

    -2.7300

    82.39

    -3.31%

  • CMSD

    0.0100

    24.46

    +0.04%

  • BCE

    -0.2600

    23.43

    -1.11%

US says NATO close to agreeing to Trump's defence spending demand
US says NATO close to agreeing to Trump's defence spending demand / Photo: NICOLAS TUCAT - AFP

US says NATO close to agreeing to Trump's defence spending demand

US Secretary of Defense Pete Hegseth said Thursday NATO allies were close to agreeing a deal on spending ahead of a summit later this month, in a bid to satisfy US President Donald Trump's demand for five percent of GDP.

Text size:

The US leader has pressured alliance members to announce a massive boost in the target for their military budgets at the June 24-25 meeting in the Netherlands.

"Countries in there are well exceeding two percent and we think very close, almost near consensus, on a five percent commitment for NATO in The Hague later this month," Hegseth said after meeting NATO counterparts in Brussels.

NATO chief Mark Rutte has put forward a compromise agreement for 3.5 percent of GDP on core military spending by 2032, and 1.5 percent on broader security-related areas such as infrastructure.

"This alliance, we believe, in a matter of weeks, will be committing to 5 percent -- 3.5 percent in hard military and 1.5 percent in infrastructure and defence-related activities," Hegseth said.

"That combination constitutes a real commitment, and we think every country can step up."

The threat from Russia after more than three years of war in Ukraine and worries about US commitment to Europe's security under Trump are driving up military budgets in Europe.

Multiple diplomats said Rutte looks on track to secure the deal for the summit in The Hague -- but a few allies are still hesitant about committing to such levels of spending.

Most vocal in its reluctance is Spain, which is only set to reach NATO's current target of two percent of GDP by the end of this year.

Diplomats say other countries are also haggling over making the timeline longer and dropping a demand for core defence spending to increase by 0.2 percentage points each year.

But the deal appears an acceptable compromise to most, which will allow Trump to claim that he has achieved his headline demand, while in reality setting the bar lower for struggling European allies.

Currently only a handful of NATO countries most worried about Russia, such as Poland, and the Baltics, are on target to spend five percent on defence.

- 'America can't be everywhere' -

In a connected move, NATO ministers signed off at their meeting on new capability targets for the weaponry needed to deter Russia.

German Defence Minister Boris Pistorius estimated the new requirements meant Berlin would need to add "around 50,000 to 60,000" more soldiers to its army.

His Dutch counterpart Ruben Brekelmans said reaching the level requested would cost The Netherlands at least 3.5 percent of GDP.

"The new defence investment plan, of course, is rooted in what we need in terms of the hard capabilities," Rutte said.

Hegseth, a former TV presenter, rocked NATO on his last visit in February with a fiery warning that Washington could look to scale back its forces in Europe to focus on the threat from China.

This time around Hegseth said he did not want to "get ahead" of any decisions from Trump as the United States conducts a review of its force deployments worldwide.

"We're going to make sure we shift properly to the Indo-Pacific and re-establish deterrence there, and then we're going to increase burden-sharing across the world," he said.

"America can't be everywhere all the time, nor should we be."

- Ukraine question -

While the United States was focused on getting Trump a win on defence spending in The Hague, it sidestepped talks on supporting Ukraine in its fight with Russia.

Trump's return to the White House upended the West's approach to Russia's three-year-long war.

Hegseth underscored the United States disengagement with Kyiv by skipping a meeting of Ukraine's backers in Brussels Wednesday, and was set to miss a second sit-down with Kyiv Thursday.

Kyiv's European allies are pressing to overcome US reluctance and invited Ukraine's President Volodymyr Zelensky to The Hague as a sign of support.

So far, NATO has said only that Ukraine will be represented at the gathering, and has not confirmed that Zelensky will be in attendance.

S.Danek--TPP