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Spain Excluded From 5 Percent NATO Target

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Spain Excluded From 5 Percent NATO Target
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Spain has reached a deal with NATO to be excluded from a 5 percent of gross domestic product (GDP) defense spending target, Spanish Prime Minister Pedro Sánchez said on June 22.

“Spain will, therefore, not spend 5 percent of its GDP on defense, but its participation, weight, and legitimacy in NATO remain intact,” Sánchez said in a televised address on June 22.

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