Military Periscope Logo

London Vows To Meet NATO Spending Commitment Every Year

July 09 2015

United Kingdom

The British government has committed to meeting NATO's military spending target of 2 percent of GDP, reports the New York Times.

George Osborne, the chancellor of the Exchequer, announced on Wednesday that the U.K. would exceed NATO's target expenditure of 2 percent of gross domestic product "not just this year, but every year of this decade."

There had been speculation for months, and pressure from the U.S., over the possibility that military spending would fall under that...

Please log in to continue reading.

Not yet a subscriber? Take a free trial.

Military Periscope gives you easy-to-use, integrated, open-source intelligence on…

  • More than 7,500 weapons systems and platforms
  • Nearly every country's armed forces
  • Militant organizations
laptop image

Try Military Periscope free for seven days