AIRLINK 213.00 Increased By ▲ 3.45 (1.65%)
BOP 10.39 Decreased By ▼ -0.07 (-0.67%)
CNERGY 7.16 Decreased By ▼ -0.19 (-2.59%)
FCCL 34.16 Decreased By ▼ -0.23 (-0.67%)
FFL 18.10 Increased By ▲ 0.05 (0.28%)
FLYNG 22.57 Decreased By ▼ -0.35 (-1.53%)
HUBC 131.00 Decreased By ▼ -1.49 (-1.12%)
HUMNL 14.24 Increased By ▲ 0.10 (0.71%)
KEL 5.05 Increased By ▲ 0.02 (0.4%)
KOSM 7.04 Decreased By ▼ -0.03 (-0.42%)
MLCF 44.70 Decreased By ▼ -0.50 (-1.11%)
OGDC 218.50 Increased By ▲ 0.12 (0.05%)
PACE 7.61 Increased By ▲ 0.03 (0.4%)
PAEL 41.92 Increased By ▲ 0.22 (0.53%)
PIAHCLA 17.50 Increased By ▲ 0.20 (1.16%)
PIBTL 8.89 Increased By ▲ 0.34 (3.98%)
POWERPS 12.50 No Change ▼ 0.00 (0%)
PPL 187.54 Decreased By ▼ -1.49 (-0.79%)
PRL 41.52 Decreased By ▼ -0.81 (-1.91%)
PTC 25.45 Increased By ▲ 0.28 (1.11%)
SEARL 102.20 Decreased By ▼ -1.76 (-1.69%)
SILK 1.04 Increased By ▲ 0.01 (0.97%)
SSGC 40.95 Increased By ▲ 1.71 (4.36%)
SYM 19.11 Decreased By ▼ -0.05 (-0.26%)
TELE 9.21 Decreased By ▼ -0.03 (-0.32%)
TPLP 12.77 Decreased By ▼ -0.33 (-2.52%)
TRG 69.00 Decreased By ▼ -0.18 (-0.26%)
WAVESAPP 11.05 Increased By ▲ 0.33 (3.08%)
WTL 1.86 Increased By ▲ 0.15 (8.77%)
YOUW 4.12 Decreased By ▼ -0.02 (-0.48%)
BR100 12,122 Increased By 42.9 (0.36%)
BR30 36,627 Increased By 24.8 (0.07%)
KSE100 116,121 Increased By 68.5 (0.06%)
KSE30 36,599 Increased By 21.4 (0.06%)

NATO chief Jens Stoltenberg on Thursday hailed German plans to increase defence spending by 80 percent by 2024 as "a step in the right direction" amid US demands for Europe to pay its way. US President Donald Trump has repeatedly lashed European allies for failing to meet a commitment to spend two percent of GDP on defence by 2024, with economic powerhouse Germany coming in for particular criticism.
Germany's announcement that it is increasing its defence budget looks to have brought some relief in a row that threatens to dominate a summit of NATO leaders next month. "I welcome the fact that Germany has stopped the cuts... and also (has) plans to increase defence spending by 80 percent over a decade," Stoltenberg said as he arrived for a gathering of all 29 NATO defence ministers in Brussels.
"This is steps in the right direction, I welcome them and it is part of a pattern we now see across Europe and Canada, where allies are spending more."

Copyright Agence France-Presse, 2018

Comments

Comments are closed.