NATO members are on track to spend more than $1.5 trillion on defense in 2025, according to the alliance’s latest estimates, as they build up their militaries amid geopolitical tensions and pressure from the U.S.

All of the allies are set to meet the old spending target of 2% of GDP this year, the report showed.

They have since agreed, at the alliance’s last summit in The Hague in June, on a new goal of 5% of GDP to be spent on their armies by 2035, including 3.5% on defense and 1.5% on related matters such as infrastructure.

The agreement marked a landmark moment for an alliance that has been reinvigorated since the Russian invasion of Ukraine in 2022 forced leaders across Europe to dramatically reassess the threat they face from Moscow. NATO’s secretary general, Mark Rutte, had worked

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