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NATO: Europe and Canada Near U.S. Defense Spending Targets
NATO Secretary General Jens Stoltenberg said that European countries and Canada are on the right track to bring their defense spending in line with the United States ahead of the alliance's summit in Ankara. The remarks come amid a reduced American role in Europe and increased pressure on allies to boost their defense budgets, with the member states agreeing to aim for 5% of their GDP to be allocated to military spending. NATO estimates that defense investments will reach $258 billion in 2025.
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