L

Lord Coaker (Lab)

Speaking in the House of Lords on 17 December 2024

Debate

Defence: 2.5% GDP Spending Commitment

Contribution

I thank the noble Baroness for her question. We have been very clear about NATO. Irrespective of the outcome of the American presidential election, European countries would have had to spend more on defence. As a first step towards that, all NATO countries need to meet the 2% target, which 23 out of 32 currently do. Our next step is to reach 2.5% and to set a pathway towards that. That will result in billions of pounds of this country’s money, as well as multi-billions of pounds across Europe, being spent on defence. That is the first step we need to take.

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