ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/nato” target=”_blank”>NATO proposed including expenditures on ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/cybersecurity” target=”_blank”>cybersecurity and activities related to ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/border-and-coastal-security” target=”_blank”>border and coastal security to qualify for the ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/military-alliance” target=”_blank”>military alliance’s new defense-related spending target of 1.5% of GDP.
NATO started negotiations with countries on what will be allowed under its new spending target that it plans to adopt at a June summit, according to a document shared with member countries and people familiar with the matter. The total spending target will be 5% of GDP, with 3.5% on ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/hard-defense-expenditures” target=”_blank”>hard defense expenditures and 1.5% on defense-related outlays.
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