Kremlin concerned with NATO decision to increase defense spending

Kremlin concerned with NATO decision to increase defense spending

The decision to increase NATO countries’ defense spending merely confirms Moscow’s concerns over the alliance’s expansionist activities, but Russia will not get involved in any races in this field, Russian presidential spokesman Dmitry Peskov said.

Peskov recalled that Russian President Vladimir Putin had said more than once that Russia would not enter into an arms and military spending race, harmful to its economy.

"Our security and parity from the standpoint of strategic stability are guaranteed for years to come. Russia will proceed along this road," TASS cited Peskov as saying.

Earlier, NATO Secretary General Jens Stoltenberg said that the NATO countries’ overall defense spending would grow by $130 billion in 2020 and by another $400 in 2024 in contrast to 2016.

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