The Hague Investment Plan

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NATO endorses 5% defence spending framework at The Hague summit

NATO endorses 5% defence spending framework at The Hague summit

Under the Hague Investment Plan adopted on 25 June, NATO members committed to raise annual defence-related spending to 5% of GDP by 2035. The 5% comprises 3.5% on conventional military capability and 1.5% on infrastructure, cyber-defence and civil preparedness; including support for Ukraine. cet