NATO floats cybersecurity to be included in new spending target

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NATO proposed including expenditures on cybersecurity and activities related to border and coastal security to qualify for the 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 hard defense expenditures and 1.5% on defense-related outlays.

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NATO floats cybersecurity to be included in new spending target


NATO proposed including expenditures on cybersecurity and activities related to border and coastal security to qualify for the 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 hard defense expenditures and 1.5% on defense-related outlays.

Other…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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