https://www.taxtmi.com/news?id=47596 NATO leaders reaffirmed an ironclad commitment to collective defence and adopted an ambition to reach five per cent of GDP annually in defence- and security-related spending by 2035. The declaration redefines core defence spending at 3.5 per cent of GDP and adds 1.5 per cent for broader defence-related measures, including infrastructure, cyber and societal resilience, pairs the ambition with national purchasing targets for equipment, and mandates a progress review in 2029 to reassess implementation and threat conditions. en-us Wed, 25 Jun 2025 19:01:03 +0530 Wed, 25 Jun 2025 19:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=47596 NATO leaders reaffirmed an ironclad commitment to collective defence and adopted an ambition to reach five per cent of GDP annually in defence- and security-related spending by 2035. The declaration redefines core defence spending at 3.5 per cent of GDP and adds 1.5 per cent for broader defence-related measures, including infrastructure, cyber and societal resilience, pairs the ambition with national purchasing targets for equipment, and mandates a progress review in 2029 to reassess implementation and threat conditions. News - Wed, 25 Jun 2025 19:01:03 +0530 https://www.taxtmi.com/news?id=47596