Lithua­nia com­mits to spend 2.5% of GDP on de­fence from 2030

Baltic News Network - - News -

Five lead­ing Lithua­nian par­ties have agreed to add to state de­fence fund­ing ev­ery year to reach 2.5% or more of its gross do­mes­tic prod­uct by the year 2030.

Cana­dian-Bri­tish news agency Reuters re­ports that de­ci­sion was made on Mon­day, Septem­ber 10, pub­licly mo­ti­vated by Rus­sia’s an­nex­a­tion of Crimea from Ukraine in 2014.

This is also a re­sponse to crit­i­cism from the key NATO mem­ber the U.S. that al­lies were not spend­ing enough.

In 2018, the Baltic coun­try plans to spend 2% of GDP, but prior to the Crimea an­nex­a­tion, it in­vested just 0.8% of GDP in de­fence in 2013, which was the sec­ond-small­est fund­ing among the then 28 of NATO coun­tries af­ter Lux­em­burg.

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