NATO Members: Allocating 2% of GDP to Defense

NATO members have reached an agreement to raise the alliance's military spending target to at least 2% of their gross domestic product. According to a report by the German news agency, "the alliance members agreed to a permanent commitment to invest 2% of their GDP in their armies in the future." This agreement is considered one of the pending issues ahead of the NATO summit, which will take place next Tuesday and Wednesday in Vilnius.