Question to the Ministry of Defence:
To ask the Secretary of State for Defence, if he will hold discussions with NATO allies on the potential merits of all member countries increasing defence spending to a minimum of 2.5% of their gross domestic product.
The mounting threats we face mean we must invest in defence if we are to continue to defend our values, freedoms and prosperity. To rise to the challenge in this more divided world, the Prime Minister’s announcement [last week], to increase defence spending to 2.5% of GDP by the end of the decade, marks the single greatest strengthening of our defence since the Cold War.
This sets a new standard for other major European NATO economies to follow. If all NATO countries committed to at least 2.5% of their GDP to defence, our collective budget would increase by more than £140 billion. Now is the time for all democratic nations across the world to ensure their defence spending is growing, and we will continue to make the case with our NATO Allies.