British Prime Minister Kiel Stammer said that Britain will begin the most magnificent era of defense industry revival since the end of World War II. He tried to convince disgruntled voters of the financial benefits of increasing defense spending. Speaking to military personnel and defense companies in London on Thursday commemorating the 80th anniversary of the end of the war, Stammer said the government “will implement the most ambitious work plan since 1945 to defend and rebuild our country.” He said that in the next few weeks, relevant ministers will publish a strategic defense assessment report outlining areas where Britain believes military strength needs to be strengthened, as well as new plans relating to Britain's national security and defense industry. In the current context, people are increasingly concerned about America's support for European security under President Donald Trump, and what Stamer says the threat from Russia poses a “challenge for a generation.” Against this backdrop, his Labor government has previously announced plans to raise the defense budget to 3% of GDP over the next ten years. Currently, it is 2.3%, and it will reach 2.5% by 2027. Stammer also said he will provide an update on trade negotiations with the US later on Thursday. Earlier, Trump said he was about to announce a trade agreement with a major country. People familiar with the matter said that this country is Britain.

Zhitongcaijing · 05/08 09:57
British Prime Minister Kiel Stammer said that Britain will begin the most magnificent era of defense industry revival since the end of World War II. He tried to convince disgruntled voters of the financial benefits of increasing defense spending. Speaking to military personnel and defense companies in London on Thursday commemorating the 80th anniversary of the end of the war, Stammer said the government “will implement the most ambitious work plan since 1945 to defend and rebuild our country.” He said that in the next few weeks, relevant ministers will publish a strategic defense assessment report outlining areas where Britain believes military strength needs to be strengthened, as well as new plans relating to Britain's national security and defense industry. In the current context, people are increasingly concerned about America's support for European security under President Donald Trump, and what Stamer says the threat from Russia poses a “challenge for a generation.” Against this backdrop, his Labor government has previously announced plans to raise the defense budget to 3% of GDP over the next ten years. Currently, it is 2.3%, and it will reach 2.5% by 2027. Stammer also said he will provide an update on trade negotiations with the US later on Thursday. Earlier, Trump said he was about to announce a trade agreement with a major country. People familiar with the matter said that this country is Britain.