MOSCOW - The goal to increase the North Atlantic Treaty Organization's (NATO) military spending will not significantly impact Russia's security, Russian Foreign Minister Sergey Lavrov said Thursday.

"I don't think it will be significant in any way," Lavrov told a press conference, commenting on the impact of NATO member states' goal to increase defense expenditure to 5 percent of gross domestic product by 2035.

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Leaders of NATO member states concluded a two-day summit on Wednesday with a brief joint declaration committing to raise their defense spending.