BRUSSELS — NATO chief Jens Stoltenberg will suggest a $100 billion, five-year fund for Ukraine when alliance overseas ministers meet on Wednesday, two diplomats informed POLITICO.
The monetary package deal will likely be a part of a broader initiative to incentivize allies to help Kyiv, as a $60 billion U.S. army support package deal is stalled in Congress.
One thought is for the alliance’s 32 members to contribute to the $100 billion fund in the identical proportion as they finance NATO’s shared funds — which is predicated on their Gross Nationwide Revenue.
It additionally comes as NATO allies are discussing methods for the alliance to regularly take over a U.S.-led multinational group that coordinates the cargo of weapons to Ukraine, as POLITICO reported.
NATO international locations are hoping to finalize the small print of those proposals by the NATO leaders’ summit in Washington in July, in accordance with the diplomats.