The US Will Cut Its Spending to NATO, but Will Ensure Security of Europe, CNN Reported

NEW YORK, (BM) – The Administration of the US president Donald Trump decided to cut spending on payments to the NATO budget, learned BulgarianMilitary.com, quoting a report of CNN.

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The channel notes that the share of direct US funding was about 22%, which covered the costs of maintaining the headquarters of the alliance, its security investments and some joint military operations of the participating countries.

Now, as the US Department of Defense told CNN, the White House wants to cut payments to about 16%, which almost equates the country in terms of direct investment with Germany (14.8%). According to the channel’s sources, it is expected that other countries participating in the alliance will close the budget deficit.

“All the allies agreed on a new cost-sharing formula. According to the new formula, the amount of investments for most European allies and Canada will increase, while the share of the United States will decrease. This decision reflects the Allies’ commitment to the alliance, as well as a more equitable distribution of the [financial] burden,” a NATO spokesman told CNN. A source in the organization also said that the new formula was adopted this week.

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The US Department of Defense’s channel’s source noted that the state will use the money saved to finance its remaining military operations, as well as to ensure security in Europe, including programs in Georgia and Ukraine that are not members of the alliance but are located in close proximity to Russia.

At the same time, CNN notes that the decision is rather a symbolic gesture, since direct investments – $ 2.5 billion – bring relatively little to the NATO budget. In addition, they are separated from the defense costs of the participating countries, which should be at least two 2% of the state’s GDP.

Trump has repeatedly declared injustice towards the United States, whose contributions to the alliance exceed the expenses of other countries. In 2018, he cited Germany as an example, which, according to him, supports defense spending at only 1% of its GDP, while the United States contributes 4% of GDP. This year, Germany promised that it would increase defense spending to 1.5% of GDP by 2024 and to 2% by 2031.

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BulgarianMilitary.com
Editorial team
Source: RBC.ru

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