The 2% of GDP agreement was signed in 2014 under Obama
"In 2014, NATO Heads of State and Government agreed to commit 2% of their national Gross Domestic Product (GDP) to defence spending, to help ensure the Alliance's continued military readiness. This decision was taken in response to Russia’s illegal annexation of Crimea, and amid broader instability in the Middle East. The 2014 Defence Investment Pledge built on an earlier commitment to meet this 2% of GDP guideline, agreed in 2006 by NATO Defence Ministers.
In 2014, three Allies spent 2% of GDP or more on defence. In 2024, 18 Allies are expected to spend at least 2% of their GDP on defence. On a collective basis, in 2014, NATO Allies in Europe invested 1.47% of their combined GDP in defence. That figure has risen steadily over a decade, and will reach 2% in 2024 for the first time. Since the Defence Investment Pledge was made in 2014, European Allies and Canada will have added more than USD 600 billion for defence by the end of 2024."
They're reaching their goals under Biden, they agreed to the goals under Obama, but somehow Trump gets credit for it? Funny world we live in.
[Post edited by CMUHoo at 02/19/2024 1:06PM]
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In response to this post by Tuckahokie)
Link: NATO
Posted: 02/19/2024 at 1:03PM