Bank Of Baku

NATO allies weigh new €70B military aid pledge for Ukraine

NATO allies weigh new €70B military aid pledge for Ukraine
# 06 June 2026 11:36 (UTC +04:00)

NATO countries are considering a new €70 billion military funding commitment for Ukraine that would be unveiled during the alliance’s summit in Ankara next month, four NATO diplomats told POLITICO.

The proposal — circulated by Germany last month — would include a new mechanism to increase transparency around funding for Ukraine, the diplomats said. That comes as some countries complain that they are disproportionately bearing the cost of supporting Kyiv.

“The key is to have a firm commitment from Ankara to continue the crucial support to Ukraine on a sustainable and more equitable basis,” added a fifth senior NATO diplomat.

Allies are scrambling to shore up support for Ukraine more than four years into Russia’s full-scale invasion. The debate has gained fresh urgency as many experts say Kyiv is tilting the balance of the war in its favor.

Under President Donald Trump, the U.S. has halted almost all new military aid to Ukraine and is only selling weapons to Kyiv financed by other allies.

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