This seems like a good summary. It looks like the 2% thing started in 2006 when it was proposed by the U.S. ambassador to NATO, but it wasn't officially agreed to by the other members until 2014. In 2014, it was agreed to and became an official guideline that is supposed to take effect in 2024. Even in 2024 it will be a non-binding guideline rather than a legally binding rule. But member nations are supposed to take it seriously. Between 2014 and 2024, countries that are already at 2% or higher are supposed to stay there. Countries that are below 2% are supposed to start increasing defense spending so that they reach 2% by 2024.I read today that 13 NATO countries believe that the two percent were more of a guideline than a rule
Does anybody else have any contrary information?
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