Site icon The Punching Bag Post

NATO Members Continue to Lag Behind on Military Spending

<p>Several United States Presidents have complained about NATO members not paying their fair share&comma; but Trump has made the issue a priority&period;&nbsp&semi;<&sol;p>&NewLine;<p>NATO members in 2014 agreed to increase military spending to 2&percnt; of GDP by the year 2024&period; Only a fraction of NATO&rsquo&semi;s 28 members hit the target in 2017&colon; the United States&comma; Greece&comma; United Kingdom&comma; Romania&comma; Poland&comma; and Estonia&period;<&sol;p>&NewLine;<p>&ldquo&semi;This is not fair to the people and taxpayers of the United States&comma;&rdquo&semi; said President Trump last spring during a speech to alliance members&period;&nbsp&semi;<&sol;p>&NewLine;<p>Reports show that military spending in Europe is growing&comma; but that surging economies are making it harder for some countries to reach the 2&percnt; goal&period;&nbsp&semi;<&sol;p>&NewLine;<p>&ldquo&semi;European allies and Canada spent almost &dollar;46 billion more on defense&rdquo&semi; since 2014&comma; said NATO Secretary General Jens Stoltenberg&period; &ldquo&semi;We are moving in the right direction when it comes to burden-sharing and defense spending&period;&rdquo&semi;&nbsp&semi;<&sol;p>&NewLine;<p>Lithuania and Latvia have agreed to increase spending and are expected to hit the target by 2018&period; Spain&comma; one of the lowest-spending countries in the alliance&comma; announced in December plans to increase military spending by 80&percnt; over the next 7 years&period;&nbsp&semi;<&sol;p>&NewLine;<p>Germany&comma; a frequent target of Trump&rsquo&semi;s criticism&comma; continues to lag behind the target&period; Germany&rsquo&semi;s spending dropped in 2017&comma; amounting to just 1&period;13&percnt; of a projected 1&period;22&percnt;&period; Germany&rsquo&semi;s federal industry association &lpar;the BDI&rpar; blames the drop on stronger-than-expected economic growth&period;<&sol;p>&NewLine;<p>While&nbsp&semi;German Chancellor Angela Merkel&rsquo&semi;s Christian Democrats &lpar;CDU&rpar; support plans to increase Germany&rsquo&semi;s military spending to hit the 2&percnt; target&comma; the other half of her coalition government &&num;8211&semi; the Social Democrats &lpar;SPD&rpar; &&num;8211&semi; favor an&nbsp&semi;increase in foreign aid spending instead&period;&nbsp&semi;<&sol;p>&NewLine;<p>A tentative spending proposal&nbsp&semi;between the CDU and SPD&nbsp&semi;puts military spending at about 1&period;15&percnt; for the next 4 years and does not mention the 2&percnt; NATO target&period;&nbsp&semi;<&sol;p>&NewLine;<p>&&num;8212&semi;<&sol;p>&NewLine;<p>The United States spends about 3&period;6&percnt; of its GDP on defense &&num;8211&semi; more money than the next seven countries combined&period;&nbsp&semi;The US plans to spend &dollar;582&period;7 billion on defense in FY2017&comma; a figure that is larger than the entire national economic output of all but 20 countries on the planet&period;&nbsp&semi;<&sol;p>&NewLine;<p>In recent days&comma; President Trump has hinted that NATO members could earn exemptions from his aluminum and steel tariffs by meeting the 2&percnt; goal&period; Stoltenberg refused to comment on that possibility&comma; but made it clear that trade and defense are issues that should remain separate&period;&nbsp&semi;<&sol;p>&NewLine;<p>&ldquo&semi;There are some differences when it comes to trade but&comma; at the same time&comma; I am absolutely certain NATO will stand united around our core task of defending and protecting each other&period;&rdquo&semi;&nbsp&semi;<&sol;p>&NewLine;

Exit mobile version