Rutte expressed the expectation that countries present clear, tangible, and credible plans to meet the goal of dedicating 5% of Gross Domestic Product (GDP) to defense by 2035. He noted that current data is noteworthy.
Current Investments and Spending Increase
According to the Secretary General of the Atlantic Alliance, just one year after the agreement made at the Hague summit, European members and Canada are already investing, on average, approximately 4% of GDP in security and defense. Rutte also stressed that European allies and Canada have increased their defense spending by almost 20% in the last year.
Additionally, adding the extra investments planned for 2025 and 2026, the total reinforcement reaches 258 billion dollars (equivalent to about 200 billion euros).
