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International Business Times
International Business Times
Business

NATO Chief Seeks Defence Spending At 5% Of GDP By 2032: Dutch PM

German Chancellor Friedrich Merz, left, with NATO chief Mark Rutte at the alliance headquarters on Friday (Credit: AFP)

NATO chief Mark Rutte wants member countries to agree at a summit in June to reach five percent of GDP on defence-related spending by 2032, Dutch premier Dick Schoof said Friday.

US President Donald Trump has demanded that NATO allies ramp up their military spending to five percent of GDP, a level that not even the United States currently hits.

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