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NATO will increase defense spending by $100 billion

НАТО увеличит расходы на оборону на $100 миллиардовCountries to jointly strengthen the protection

European allies and Canada intend to increase spending on defense by the end of next year to $100 billion.

This was stated by NATO Secretary General Jens Stoltenberg during a debate at the world economic forum in Davos.

According to Stoltenberg, in 2016 the allies spent an additional $41 billion in real terms and by 2020 this figure will increase to $100 billion.

“On the basis of the national plans coming from all the allies, by the end of next year, they will allocate an additional $100 billion,” he said.

The Secretary General added that NATO allies also demonstrated the unity in the sphere of arms control, unanimously speaking about the violation by Russia of the Treaty on the elimination of intermediate and short range.

Stoltenberg noted that Europe and the US to jointly modernize the command structure of NATO to strengthen cyber defence and increase investment in collective defence.

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