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U.S. Secretary of Defense Lloyd Austin called on NATO allies and Europe to increase their military spending, warning that countries that do not contribute sufficiently will face changes in how the United States engages with them. Although member countries are committed to raising their spending to 5% of GDP, many may not be able to reach that target. Meanwhile, countries in the Asia-Pacific region, such as South Korea, have begun increasing their defense investments to bolster their capabilities against threats.
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