► Read more at https://on.ft.com/2jW1Ja9<br /><br />The UK's standing army has never been smaller, a fact that throws this year's joint military exercises, which underline increasing international co-dependence, into sharp relief. The FT's security and defence editor David Bond reports<br /><br />► Subscribe to FT.com here: http://bit.ly/2GakujT<br /><br />► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes