July 12, 2018 / 11:21 AM / in 3 months

France will meet NATO defence spending goal by 2024

BRUSSELS (Reuters) - French President Emmanuel Macron said on Thursday France would meet its NATO-agreed goal of spending 2 percent of GDP on defence by 2024, saying cohesion within the North Atlantic Treaty Organization was only possible if the burden was shared “fairly”.

French President Emmanuel Macron arrives for the second day of a NATO summit in Brussels, Belgium, July 12, 2018. Tatyana Zenkovich/Pool via REUTERS

U.S. President Donald Trump has upbraided NATO member states for not reaching the target sooner. Aside from the United States, which spends about 3.5 percent of GDP on defence, only Britain, Poland, Greece and Estonia currently meet the target.

Speaking at a news conference at the NATO summit, Macron said Trump had reaffirmed the United States’ commitment to the defence organisation, despite earlier expressing doubts.

France spends around 1.8 percent of GDP on defence.

Reporting by Michel Rose and Richard Lough; Writing by Luke Baker

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