NATO Leaders Vow To Improve Burden Sharing Balance

NATO Leaders Vow To Improve Burden Sharing Balance

NATO Leaders Vow To Improve Burden Sharing Balance 

New Delhi : The North Atlantic Treaty Organization (NATO) leaders "are committed to improving the balance of sharing the costs and responsibilities", according to a summit declaration published on Wednesday.

"Fair burden sharing underpins the Alliance's cohesion, solidarity, credibility, and ability to fulfil our Article 3 and Article 5 commitments," Xinhua quoted the summit declaration as saying.

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NATO Secretary General Jens Stoltenberg at a news conference following the summit said: "We all agree that we do not have fair burden-sharing in our Alliance today. We all agree that we need more cash in national defense budgets; More modern capabilities; And more contributions to missions and operations. The good news is that we are making progress."

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According to the declaration, all Allies have started to increase the amount they spend on defense in real terms and some two-thirds of Allies have national plans in place to spend 2 percent of their Gross Domestic Product(GDP) on defense by 2024.

"We are committed to improving the balance of sharing the costs and responsibilities of Alliance membership," the declaration added.

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US President Donald Trump has long held criticism against US allies across the Atlantic that European members of NATO are not spending enough on defense.

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(Inputs From News Agency IANS) 

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