Trump administration will decrease NATO spending

2019/11/1574157926.jpg
Read: 772     17:13     29 November 2019    

Ahead of NATO’s 70th-anniversary summit, which will take place in London, Trump announced that he will be decreasing the US’s contribution to the North-Atlantic Alliance.


US has maintained and provided 22% of NATO’s direct funding, now according to the new formula of separation of costs, US contribution will go down to 16%, while Germany provides 14.8%.   

"All Allies have agreed a new cost-sharing formula. Under the new formula, cost shares attributed to most European Allies and Canada will go up, while the US share will come down. This is an important demonstration of Allies' commitment to the Alliance and to fairer burden-sharing," a NATO official remarked to the American media.

One US defense official said that the money saved by the US will help fund other US military and security efforts in Europe, including programs in countries such as non-NATO members Ukraine and Georgia, which are seen as being on the frontline with Russia.

Trump has long criticized NATO members, particularly Germany for not meeting the 2% (of GDP) NATO defense spending target, which only 8 of the 29 members currently meet. All members pledged to reach the 2% level by 2024 but not all of them currently have plans or the affordability to do so.

 



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News Line

Trump administration will decrease NATO spending

2019/11/1574157926.jpg
Read: 773     17:13     29 November 2019    

Ahead of NATO’s 70th-anniversary summit, which will take place in London, Trump announced that he will be decreasing the US’s contribution to the North-Atlantic Alliance.


US has maintained and provided 22% of NATO’s direct funding, now according to the new formula of separation of costs, US contribution will go down to 16%, while Germany provides 14.8%.   

"All Allies have agreed a new cost-sharing formula. Under the new formula, cost shares attributed to most European Allies and Canada will go up, while the US share will come down. This is an important demonstration of Allies' commitment to the Alliance and to fairer burden-sharing," a NATO official remarked to the American media.

One US defense official said that the money saved by the US will help fund other US military and security efforts in Europe, including programs in countries such as non-NATO members Ukraine and Georgia, which are seen as being on the frontline with Russia.

Trump has long criticized NATO members, particularly Germany for not meeting the 2% (of GDP) NATO defense spending target, which only 8 of the 29 members currently meet. All members pledged to reach the 2% level by 2024 but not all of them currently have plans or the affordability to do so.

 



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