NATO member states to sign new defense industrial commitment - Stoltenberg
NATO member countries at the Washington summit will sign a new commitment regarding the defense industry, stated NATO Secretary General Jens Stoltenberg during the opening of the Defense Industries Forum, held on the sidelines of the NATO summit.
"All NATO allies will sign a new defense industrial commitment. A commitment that will help make our industry in Europe and North America stronger, more innovative and capable of producing at scale," he said.
As Stoltenberg noted, the first main element of this commitment is to increase defense spending. The second component will be that NATO countries must "spend better by spending more together."
According to the Secretary General, this will allow NATO members to sign long-term contracts and use the scaling effect by working with the defense industry.
NATO Summit in Washington, DC
The NATO anniversary summit has started today in Washington, DC. It will take place from July 9 to 11.
As previously reported, the issue of Ukraine's membership in the Alliance will be one of the central topics at the summit.
Also, one of the main items on the agenda will be the signing of a new agreement on security guarantees for Ukraine. As previously reported by President Volodymyr Zelenskyy, this document will be another step towards strengthening Ukraine's security.
Washington also announced new important statements about increasing NATO's military, political, and financial support for Ukraine.
Thus, Ukraine will receive good news at the NATO summit regarding the supply of air defense systems, including the Patriot air defense system.