NATO Defense Ministers' Meeting was held in Brussels, Belgium on the 5th. NATO Secretary-General Mark Rutt said at a press conference that day that NATO member states have reached an agreement on launching a large-scale arms upgrade plan. Rutt said that at the NATO Hague summit late this month, he will propose an overall investment plan, that is, member states will increase their defense expenditures to 5% of GDP, of which 3.5% will be spent on core military expenditures and 1.5% will be spent on defense and security-related investments such as infrastructure.
Source: Xinhua International
