Moscow, June 27 -- NATO's recent decision to ramp up military spending will not significantly impact Russia's security, Foreign Minister Sergey Lavrov said on Thursday, according to a report by Russia Today.

Speaking at a press conference, Lavrov dismissed the West's claim of a Russian threat as unfounded and reiterated Moscow's openness to peace talks if the core issues behind the Ukraine conflict are addressed. His remarks came after the NATO summit in The Hague, where member states pledged to increase defense expenditure to 5% of GDP by 2035, citing the "long-term threat posed by Russia to Euro-Atlantic security."

US President Donald Trump described the agreement as a "monumental win," having long urged European allies to contribute ...