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HomeDOCUMENTSCommittee Reports2016 Annual SessionFINAL REPORT - 166 ESC 16 E rev. 1 fin - The Budgetary Implications of New Challenges To Transatlantic Security

FINAL REPORT - The Budgetary Implications of New Challenges To Transatlantic Security

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ESC 2016 General Report [166 ESC 16 E rev. 1 fin] by Jean-Marie Bockel (France)

  

 The report begins by noting that at the 2014 Wales Summit, NATO heads of governments agreed to increase defence expenditure and spend more on military equipment to provide sufficient capabilities to meet the growing challenges. The report goes on to describe what has transpire since. Despite the agreement in Wales, in 2015 only five NATO member countries had met the 2% of GDP target. The United States continues to account for nearly three quarters of total NATO military expenditure. The report explores the perennial burden sharing debate within NATO but warns that the current security situation in Europe is dangerously unstable and that higher defense spending is essential to develop the capabilities needed to cope with this serious challenge. The report also considers that the evolving nature of conflict requires investments in new technologies that will, in turn, recast the posture of national militaries in NATO countries. This represents a significant opportunity for NATO Allies to rethink their approach to defence expenditure and ensure that NATO’s capabilities meet the real needs of the 21st century warfare.

 

DOWNLOAD THIS GENERAL REPORT [166 ESC 16 E rev.1 fin] 

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