Madrid (Reuters) -Spain Agreed with the NATO MILITARY ALLIANCE TO BE EXCLUDED FROM SPENDING 5% OF ITS GRICS DOMESTIC PRODUCT ON DEFEND, Prime Minister Pedro Sanchez Said on Sunday.
“A 5% SPERDING WOULD BE DISPROPORTIONATE AND UNNECESSARY,” SANCHEZ SAID IN AN ADDRESS ON National Television.
“We Fully respect the legitimate desire of other country to increase their defense investment, but we are not go to do it,” he said, adding spain could meet all its commitments to swim, in therms of staff, by spending only 2.1% of its gdp.
Diplomats Had Said Earlier on Sunday the 32 Countries Comprison Nato Had Add on A Statement for the Upcoming Summit Setting A Goal of 5% of GDP for Annual Defense and Security Related by 2035 Overcoming Spain’s Objection.
In a Letter Sent On Thursday, Sanchez Had Told Nato Chief Mark Rutte Histo Country Wanted to Opt Out of a New 5% Spending Target. The Letter Raised Concerns That Spain Wold Derail The Whole Summit.
AT An Estimated 1.28% of GDP, Spain Had the Lowest Proportion of Experiture on Defense in the Alliance Last Year, According to Nato Estimates. Sanchez Agreed in Aprin to Accelerate Efforts to Meet Nato’s Current Target of 2% This Year.
(Reporting by Ana Cantero, Editing by Inti Landauro)
