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Portugal will present a “credible program” to NATO to invest 2% of GDP in Defense in 2029

A “credible and viable” plan will be presented at the high-level NATO meeting, announced Luís Montenegro, which aims to reach an investment of 2% of GDP in Defense and security in 2029.

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The Portuguese Government will present, at the next NATO summit in July, a “credible program” to achieve a defense investment of 2% of GDP between now and 2029, the prime minister announced this Wednesday in parliament.

“Yes, we have a need and we will present a credible program at the next NATO summit. achieve an investment of 2% of our product in 2029 [interno bruto, PIB] in the area of ​​security and defensewhich is in line with our strategy in the Atlantic Alliance and also with the reinforcement within the European Union of investment in security and defense,” said Luís Montenegro, during the preparatory debate of the European Council, which takes place on Thursday and Friday. in Brussels.

The Head of Government then reiterated that Portugal will bring a “credible and feasible” plan to the high-level NATO meeting, scheduled for July 9-11 in Washington.

Montenegro was responding to questions from the Chega tribunal, which warned that Portugal will face “pressure” at the NATO summit to increase its defense investment.

Source: Observadora

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