Agreed investment of 5% of GDP in defense by 2035

The 32 countries of the Atlantic Alliance agreed today to increase investment to 5% of Gross Domestic Product (GDP) in the area of defense by 2035, with a review of the objectives in 2029.

"United to face the profound security threats and challenges, particularly the long-term threat posed by Russia to Euro-Atlantic security and the persistent threat of terrorism, the allies commit to invest 5% of GDP annually in defense requirements, as well as in defense and security-related expenses by 2035," they stated in the Declaration of the Hague Summit (Netherlands).

According to the document released early in the afternoon, the heads of state and government of the 32 nations that make up the North Atlantic Treaty Organization (NATO) signed a commitment to strengthen the "forces [military], capabilities, resources, infrastructure, military readiness, and the resilience necessary to deter and defend" the territory covered by the political-military organization.

"5% of GDP is a significant contribution. It will be 3.5% for equipment and 1.5% for investment," said Mark Rutte at a press conference, ensuring that we are united in "committed to NATO" and that support for Ukraine will continue. "We need quality and quantity. There are many economic benefits," emphasized the Secretary-General.