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Monday, 17 May 2010 - NATO emphasizes defense spending despite crisis |
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    Edition: U.S. Article Comments (0) Save Email Print Reprints Most Popular Most Shared Iran fuel deal would not fix nuclear issue-France 7:26am EDT Iran says will continue 20 percent enrichment 8:33am EDT Thai troops close in on protest encampment | Video 10:53am EDT Volcanic ash grounds hundreds of European flights | Video 7:22am EDT U.S. stocks down on earnings outlook | Video 11:33am EDT Iran agrees atom fuel deal with Turkey, Brazil 11:00am EDT Factbox: Current sanctions on Iran over nuclear program 7:28am EDT Europe blocks U.S. emergency exit door 16 May 2010 ADHD in kids tied to organophosphate pesticides 10:04am EDT U.S. reverses stance on treaty to regulate arms trade 14 Oct 2009 ADHD in kids tied to organophosphate pesticides 10:04am EDT Apple's iPhone replaces BlackBerry for some bankers 8:35am EDT Thai troops close in on protest encampment | Video 10:53am EDT U.S. reverses stance on treaty to regulate arms trade 14 Oct 2009 Iran says will continue 20 percent enrichment 8:33am EDT Exclusive: Waddell is mystery trader in market plunge 14 May 2010 Iran agrees atom fuel deal with Turkey, Brazil 11:00am EDT UPDATE 1-WHO study has no clear answer on phones and cancer 16 May 2010 U.N. to pick Costa Rican as new climate chief: sources 9:44am EDT WHO study has no clear answer on phones and cancer 16 May 2010 Live Event Afghanistan: The way forward Join us from 6:45 pm ET on Tuesday, May 18 for a unique, open and frank on-the-record debate in which our panel of experts, steeped in experience of the Afghan conflict, will lead a discussion on the options for Afghanistan’s future and the wider strategic picture.  Live Coverage  NATO emphasizes defense spending despite crisis David Brunnstrom BRUSSELS Mon May 17, 2010 10:47am EDT Related News Greek, Turkish PMs meet, discuss defense cuts Fri, May 14 2010 Greece's woes a chance to bury Turk-Greek rivalry? Thu, May 13 2010 PREVIEW-Greece's woes a chance to bury Turk-Greek rivalry? Thu, May 13 2010 Russia offers olive branch as NATO joins parade Sun, May 9 2010 Anger as NATO prepares to join Red Square parade Sat, May 8 2010 BRUSSELS (Reuters) - NATO states must reverse a steep decline in defense spending despite economic constraints if the alliance is to meet the security threats it faces, experts said on Monday. World In a recommendation for NATO's new 10-year strategic vision, experts led by former U.S. Secretary of State Madeleine Albright said only six of NATO's 26 European members were meeting their defense spending target of two percent of GDP. In the coming decade, NATO would not only have to meet its main goal of collective defense of its 28 members, but deploy forces further afield and guard against unconventional threats such as terrorism and cyber attack, the experts said. "If NATO is to fulfill these ... missions successfully, it must halt the precipitous decline in national defense spending, implement new reforms and efficiencies, and set priorities for future capabilities," the experts said. NATO Secretary-General Anders Fogh Rasmussen will use the recommendations from the experts to draft a new Strategic Concept, or mission statement, for approval by leaders of NATO states at a summit in Lisbon in November. A NATO official said the six European countries currently meeting the NATO target included Greece, which has been hard hit by the debt crisis, its rival Turkey, and Britain, which, like Greece, is battling to reduce a massive budget deficit. Albright acknowledged the economic constraints but added: "We also talked about the necessity of fulfilling obligations that NATO membership brings, in terms of support for this alliance and the fact that it is an alliance in which there is shared responsibility," she told a news briefing. GAP BETWEEN U.S., EUROPEAN SPENDING The experts said the spending gap was especially pronounced between the United States and the rest of NATO and risked undermining alliance cohesion, which was particularly important to maintain in missions like Afghanistan, where nearly nine years of conflict have shown few results. "It is a concern if we see a deepening of the gap," Rasmussen said, even though governments were faced with "huge economic challenges." "I have met several leaders who have been forced to make deep cuts in defense budgets," he told reporters. "(But) too deep cuts at the expense of future security may also have damaging economic implications ... a secure environment is also a prerequisite for high economic growth." Rasmussen said a solution was for governments to spend more intelligently, by improving efficiencies, pooling resources and avoiding duplication by common funding of defense projects, something that Britain and France have explored. The experts also said that in the coming decade, the alliance needed to deepen cooperation with partner countries, particularly old Cold War enemy Russia. At the same time it needed to reassure former Soviet-bloc NATO members still worried about Moscow's intentions and back up its collective security commitments with contingency planning, military exercises, force readiness and logistics. The experts also said defending against the threat of possible missile attack from Iran had become an essential NATO mission and this would be most effective if it involved all alliance members and cooperation with Russia. (Editing by Ralph Boulton) World     Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters.   © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index   Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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