Starmer boosts defence spending: Will it impress Trump and help Ukraine?
Feb 25, 2025
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Shashank Joshi, Defence Editor at The Economist, delves into UK Prime Minister Keir Starmer's significant defense spending increase, the highest since the Cold War. He analyzes its potential to impress Trump before Starmer’s Washington visit and explore its implications for Ukraine. Joshi discusses European troop deployments, the strategic shifts in NATO commitments, and the contentious political dynamics involving Ukraine's resources and U.S. aid, highlighting the complex interplay of military spending and international relations.
The UK’s significant increase in defense spending aims to address current geopolitical threats and enhance its diplomatic stance, particularly ahead of Starmer's meeting with Trump.
Concerns have arisen over potential exploitative agreements regarding Ukraine's rare earth minerals, reflecting fears about sovereignty and the genuine benefits for the nation amidst ongoing conflict.
Deep dives
Increased UK Defence Spending
The UK government has announced a significant increase in defense spending, committing to raise it to 2.5% of GDP by 2027, along with a further aim of reaching 3% in the next parliament. This decision, described as the most substantial investment since the Cold War, reflects the urgent geopolitical climate, especially in light of the ongoing conflict in Ukraine and recent US-Russia talks. The Prime Minister emphasized that this move is both a response to the current threats and part of the UK’s broader strategic goals and diplomatic efforts as he prepares for meetings with global leaders, including President Trump. Analysts express that although this extra funding amounts to £13.4 billion annually, the true impact on defense capabilities regarding troop numbers and equipment is still uncertain, as fundamental gaps still exist.
Concerns Over U.S. Policy Shifts
Recent actions by the United States have raised concerns about a potential shift in support for Ukraine, particularly evident in their approach at the United Nations where it opposed a resolution labeling Russia as an aggressor. Observations from political analysts suggest that the current administration may not fully comprehend the implications of European security without a strong U.S. presence. Furthermore, there are worries amongst European leaders that the U.S. is increasingly aligning with Russian interests, as evidenced by remarks from President Trump that suggest a lack of commitment to European security frameworks. This perception is causing anxiety among European nations, fearing that a shift in American foreign policy could undermine the collective response to the threats posed by Russia.
Rare Earth Minerals and Exploitative Deals
Ukraine’s rich deposits of rare earth minerals have attracted intense interest from U.S. officials, sparking discussions about potential deals that many observers describe as exploitative. The proposed agreements reportedly involve Ukraine surrendering a significant portion of its future mineral profits to an American investment fund in return for support, raising alarms about the fairness and security implications for Ukraine. Critics argue that the current draft of the deal lacks adequate guarantees for Ukraine’s sovereignty and defense needs, with calls for U.S. companies to operate in war-torn regions without appropriate security measures. Overall, there is skepticism about whether these arrangements would provide any genuine benefit to Ukraine or merely serve to enrich American interests amidst ongoing conflict.
UK Prime Minister Keir Starmer says a "dangerous new era" is behind his decision to boost defence spending and cut the aid budget.
But will it impress President Trump ahead of Sir Keir’s visit to Washington later this week? And could this move help Ukraine?
Shashank Joshi from the Economist joins us to discuss this and answer listener questions on rare earth minerals.
Today’s episode is presented by Victoria Derbyshire and Vitaly Shevchenko.
The producer was Julia Webster. The technical producer was Mike Regaard. The series producer is Tim Walklate. The assistant editor is Ben Mundy.
Email Ukrainecast@bbc.co.uk with your questions and comments. You can also send us a message or voice note via WhatsApp, Signal or Telegram to +44 330 1239480
You can join the Ukrainecast discussion on Newscast’s Discord server here: tinyurl.com/ukrainecastdiscord
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