RIGA - Latvia’s Saeima on May 10 approved a new National Defense Concept, which provides that the country’s defense budget is to reach 2 percent of gross domestic product by 2020, reports LETA. The concept covers a period of four years; it is usually renewed after every Saeima election.The concept states that the international security environment “is changeable, complicated and difficult to predict, therefore any political, social, military or economic instability, even in remote parts of the world, can pose direct or indirect threats to the national security of Lat...
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