NDTV Defence Summit, 2024 - Unleashing India's Defence Potential
NDTV Defence Summit, 2024 - Unleashing India's Defence Potential
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UK PM Says Britain Commits To NATO 5% Spending Target

UK PM Says Britain Commits To NATO 5% Spending Target
UK PM Monday said Britain was committed to spending 5 percent of its economic output on defence.
United Kingdom: 

UK Prime Minister Keir Starmer announced Monday that Britain was committed to spending five percent of its economic output on defence, in line with a pledge set to be announced by NATO at a summit in the Netherlands.

In a statement on the eve of the start of the western group's two-day get-together in The Hague, Starmer said his government would aim to hit the pledge by 2035.

"We must navigate this era of radical uncertainty with agility, speed and a clear-eyed sense of the national interest to deliver security for working people and keep them safe," Starmer said.   

"This is an opportunity to deepen our commitment to NATO and drive greater investment in the nation's wider security and resilience," he added.

The UK government said it expects NATO's 32 allies to agree to spend at least 3.5 percent of GDP on core military needs by 2035, and 1.5 on broader security-related items like cybersecurity and infrastructure.

The compromise deal aims to placate US President Donald Trump, who has repeatedly called for America's allies to dramatically ramp up defence spending.

NATO chief Mark Rutte has said that spending five percent on defence and security is essential to deter Russian aggression.

On Monday, he called the pledge a "quantum leap that is ambitious, historic and fundamental to securing our future".

Starmer had in February pledged to increase core UK defence spending to 2.5 percent of GDP by 2027, and three percent sometime in the early 2030s.

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(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

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About The Summit

NDTV Defence Summit 2024 is a premier event bringing together thought leaders, policymakers, and industry experts to discuss, collaborate, and strategise on the pressing issues facing our world today. This year's summit, the first of an annual series, focuses on the theme of ‘Unleashing India’s Defence Potential’ recognising the dynamic challenges and opportunities that define our global security landscape.

As we navigate through a rapidly evolving geopolitical environment, it is crucial to exchange ideas and best practices to ensure the safety and security of nations and communities worldwide. The NDTV Defence Conclave serves as a platform for thought leaders, policymakers, and industry experts to engage in insightful discussions, share innovative solutions, and forge meaningful partnerships.

Throughout the conclave, participants will have the opportunity to explore a wide range of topics, including cybersecurity, modern warfare, strategic alliances, and emerging technologies. By fostering collaboration and knowledge-sharing, we aim to advance the collective understanding of defence and security challenges and drive actionable outcomes that benefit society as a whole.