Trump’s victory could mean higher military spending for Romania

10 November 2016

Romania could be forced to supplement the military spending by 0.52% of the GDP to meet the minimum requirements imposed to NATO members.

This could be the most important consequence for Romania following Donald Trump’s victory in the U.S. presidential elections, reports local Profit.ro.

In his presidential campaign, Trump said that the NATO member states are underfunding their military expenses. He also said that the U.S. would not intervene to their aid in the case of a conflict if they don’t reach the target of 2% imposed by the NATO Treaty.

Romania has allocated, according to the latest data provided by NATO, some 1.48% of the GDP for military expenses. The only NATO member states that exceed the 2% threshold include the USA (3.61%), Greece (2.38%), Great Britain (2.16%), Estonia (2.16%) and Poland (2%). However, Romania has already committed to increasing its military spending to 2% of its GDP, and all major political parties pledged to support the defense strategy in 2015.

Romania plans to buy more F16 fighter aircraft and to modernize its frigates and equip them with torpedoes, which should be the most important military investments in the following years.

editor@romania-insider.com

Normal

Trump’s victory could mean higher military spending for Romania

10 November 2016

Romania could be forced to supplement the military spending by 0.52% of the GDP to meet the minimum requirements imposed to NATO members.

This could be the most important consequence for Romania following Donald Trump’s victory in the U.S. presidential elections, reports local Profit.ro.

In his presidential campaign, Trump said that the NATO member states are underfunding their military expenses. He also said that the U.S. would not intervene to their aid in the case of a conflict if they don’t reach the target of 2% imposed by the NATO Treaty.

Romania has allocated, according to the latest data provided by NATO, some 1.48% of the GDP for military expenses. The only NATO member states that exceed the 2% threshold include the USA (3.61%), Greece (2.38%), Great Britain (2.16%), Estonia (2.16%) and Poland (2%). However, Romania has already committed to increasing its military spending to 2% of its GDP, and all major political parties pledged to support the defense strategy in 2015.

Romania plans to buy more F16 fighter aircraft and to modernize its frigates and equip them with torpedoes, which should be the most important military investments in the following years.

editor@romania-insider.com

Normal

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