Tuesday, 02 January 2024 12:17 GMT

Italy Affirms Readiness To Meet Natos 2% Defense Spending Target


(MENAFN- Gulf Times) Italian Foreign Minister Antonio Tajani reaffirmed Italy's commitment to raise defense spending to 2% of GDP, aligning with NATO targets while aiming to maintain fiscal discipline.
Tajani framed the move not only as a response to NATO commitments but also as part of a broader strategic vision. "This is a signal that Italy is ready to invest more in its security and take a leading role within NATOs European pillar. I believe a common European defense should be our ultimate goal," he added.
Currently, Italy is among the lowest spenders in the Alliance, with 1.57% of GDP allocated to defense in its 2025 budget.

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