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Norway Plans $56 Billion Defence Boost to Counter Russia

Norway Plans $56 Billion Defence Boost to Counter Russia
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Norway plans $56 billion defence boost to counter Russia

OSLO (Reuters) -Norway plans to raise its military spending by an accumulated 600 billion crowns ($56 billion) through 2036 to bolster its defence at a time of rising security challenges in Europe and beyond, the government said on Friday. Overall military spending for the next 12 years is expected to amount to 1.62 trillion crowns,… ....

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Norway delivers 'historic' defence spending boost of £44.5 billion to combat Russian aggression

‘Historic’ move involves strengthening all branches of Nato member’s armed forces, says prime minister ....

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Norway boosts defence spending by £44.5bn to combat Russian aggression

Norway will dip into its huge rainy day sovereign wealth fund to deliver a “historic” defence spending boost of £44.5 billion over the next 12 years to face down Russian aggression. ....

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TEPA: Norway to eliminate customs duties for almost 98 pc of imports from India, ET EnergyWorld

After the EEA (European Economic Area) agreement, this could become one of the most important trade agreements Norway has ever entered, said Norwegian Prime Minister Jonas Gahr Stoere. ....

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