NATO must spend 5% of GDP on defence by 2030, Poland says

WARSAW, May 6 (Reuters) - ‌NATO countries ​need ​to hit the alliance's target of spending 5% of gross domestic product (GDP) on ‌defence five years ahead of schedule in 2030, ⁠Poland's defence minister said on Wednesday, as he warned ‌of the risks of being ‌too late in rearming.

• An eastern member of NATO that borders both Russia and Ukraine, ​Poland has been ramping up its military spending in the face of what it regards ⁠as the rising threat from Moscow.

• Warsaw is NATO's biggest military ​spender relative to the size of its economy and plans to spend 4.8% of ​GDP on defence in 2026.

• "Europe ‌is capable of developing its economic potential on an unimaginable scale, but we ⁠must be clear: this is today's priority," Wladyslaw Kosiniak-Kamysz told the Defence 24 Days conference in Warsaw.

• "There's no ⁠point in waiting until 2035 for 5% - it must ​be achieved by 2030, because later may be too late," he said.

• At a summit in June 2025 NATO leaders ‌agreed to spend 5% of GDP on defence and security-related investments by ‌2035.

• This includes items such as cybersecurity and ⁠upgrading roads and ports ‌to handle heavy ​military equipment.

(Reporting by Karol Badohal, Pawel Florkiewicz, writing by Alan Charlish, editing by Alexandra ‌Hudson)

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