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Norway aims to raise military expenditure to 2% of GDP by 2026 — PM

According to Jonas Gahr Stoere, "Norway allocates more on defense per capita than everybody else at NATO, except for the United States"

STOCKHOLM, May 2. /TASS/. The Norwegian government will boost its defense spending to 2% of GDP by 2026, Prime Minister Jonas Gahr Stoere told a news conference on Tuesday.

"We have a plan to start allocating at least 2% of GDP by 2026," he said. "We need long-term planning and buildup," he added.

According to the premier, "Norway allocates more on defense per capita than everybody else at NATO, except for the United States."

Norway currently spends just over 1.4% on defense. Until recently, the kingdom was among the countries which had no specific plans to boost its military spending to 2% of GDP. Against the backdrop of increased oil and gas revenues amid the situation in Ukraine, however, this goal has become especially urgent, the government insists.

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Russia's defense industry

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Defense contractor delivers new batch of Su-34 bombers to Russia’s Aerospace Forces

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The leaders also discussed some international issues

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Europe unable to wage war attrition on Russia — Ukraine’s ex-commander-in-chief

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Russia’s Sukhoi jet catches fire while landing in Turkey

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West irrational, fails to understand it cannot intercept Russia's new missiles — Kneissl

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Developments in Russia’s Kursk Region: Counselling for residents, enemy’s losses

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British mercenary claims he was sent to Russia’s Kursk Region against his will

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FACTBOX: What is known about Russian flight incident at Antalya Airport

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Guterres condemns supply of anti-personnel landmines to Ukraine

The UN Secretary-General urged world leaders to join the Ottawa Convention

Kremlin explains why Oreshnik missile came as surprise

"I am sure that neither of us is even aware right now of any new future developments.", Peskov said