Skip to content

Cart

Your cart is empty

Article: Lithuania pledges to spend at least 3% of GDP on defense

Lithuania pledges to spend at least 3% of GDP on defense

Lithuania pledges to spend at least 3% of GDP on defense

PHOTO CAPTION: Lithuanian Special Forces undergo timed range evaluations using a barrier for stability during a bilateral exercise with U.S. Special Forces, held in Kaunas, Lithuania, March 10, 2022. (U.S. Army photo by Spc. Alisha Grezlik via U.S. Defense Visual Information Distribution Service)

 

 

VILNIUS (Reuters) - Lithuania's parliament on Thursday confirmed state budget guidelines which foresee an amount worth at least 3% of gross domestic product to be spent on defence from 2025 onwards.

The motion was supported by two thirds of the parliament.

NATO military alliance and EU member Lithuania, which borders Russia and its ally Belarus, spent 2.8% of GDP on defence in 2023 and is projected to spend the same this year.

NATO members have set a defence spending target of at least 2% of GDP, but few have reached the goal.

However, countries bordering Russia have been ramping up defences after it invaded Ukraine. Lithuania's neighbouring Poland projects spending over 4% of GDP on defence this year, and nearby Estonia 3.2%.

Polish president Andrzej Duda proposed earlier this month all alliance countries should spend at least 3% of GDP for defence.

Lithuania will partly use the additional money to prepare for permanently hosting 5,000 German troops from 2027.



(Reporting by Andrius Sytas in Vilnius; Editing by Andrew Cawthormne)

MORE FROM THE

OAF NATION NEWSROOM

Return of Somali pirates adds to crisis for global shipping companies

Return of Somali pirates adds to crisis for global shipping companies

As a speed boat carrying more than a dozen Somali pirates bore down on their position in the western Indian Ocean, the crew of a Bangladeshi-owned bulk carrier sent out a distress signal and called...

Read more
EU naval mission in Red Sea destroys missiles, Houthi seaborne drone

EU naval mission in Red Sea destroys missiles, Houthi seaborne drone

The EU's naval mission in the southern Red Sea said on Thursday it had destroyed three ballistic missiles and a Houthi seaborne drone to protect merchant ships. Tap for the full brief.

Read more
#3 Liquid error (layout/theme line 179): Could not find asset snippets/back-in-stock-helper.liquid