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Free AccessNATO Summit May Lead To Increased Global Role For NATO
US National Security Advisor Jake Sullivan has provided a press gaggle aboard Air Force One en-route to the NATO summit in Madrid.
- Sullivan says that NATO members will unveil their first new NATO strategic concept since 2010.
- Sullivan says the new strategic concept will revoke Russia's status as a "strategic partner" and "it will speak very directly ... to the multi-faceted challenge posed by the People's Republic of China."
- Sullivan also highlights the significant increase in NATO funding by members and makes specific reference to the increase of Germany's defence budget.
- Sullivan says that NATO will "follow through" on commitments to increase force posture in Europe. Announcements on long-term commitments will come tomorrow. Sullivan says the announcements will detail a "more combat credible and capable" NATO military force in Europe.
- The NATO summit will be one of the most significant geopolitical events of the year. Of particular note is the attendance of non-NATO but Western-aligned states - Japan, South Korea, Australia, and New Zealand.
- The summit may point toward a new global security architecture in which NATO plays an expanded, supra-regional role. This is of especial relevance to the prominence of China in the new NATO strategic concept - a country which historically existed beyond the security remit of NATO.
- Sullivan says that the inclusion of Asia-Pacific partners at the summit "doesn't mean NATO will go fighting wars in the Pacific," but "there is an interconnection between Asia-Pacific and Euro-Atlantic alliances."
- Sullivan also highlights the significance of a trilateral meeting between President Biden, Prime Minister Kishida or Japan, and President Yoon of South Korea which will take place tomorrow.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.