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NATO Invests in New Arms Race

13.12.2016 11:02

A NATO military buildup and an increase in its countries' defense spending are setting the stage for a potential arms race, whereas Russia's alternate policy of reducing its military budget can be seen as its way of pursuing optimization

In an interview with RIA Novosti, Alexey Fenenko, an associate professor at Moscow State University' Faculty of World Politics, specifically pointed to NATO countries' ever-increasing military buildup and defense spending, which he said adds significantly to a new arms race.

Earlier, referring to an annual report by Jane's Defense Budget, the Financial Times said that Russia, for the first time since the 1990s, was not among the top five countries in terms of defense spending. Russia's military spending in 2016 stands at about 48.5 billion dollars, according to the report, which also said that the 2016 defense budget of the US amounts to 622 billion dollars and tops the list.

The survey added that Western European countries' military spending grew for the first time in six years, and that the US has put an end to its military budget cuts. For the first time since the 1990s, Russia's military budget has reduced when compared to those of other countries.

Commenting on the matter, Alexey Fenenko drew attention to differences between Russia's defense policy and NATO's.

Read more: https://sputniknews.com/world/201612131048481862-russia-nato-military-spending/