BRUSSELS — NATO chief Jens Stoltenberg will propose a five-year, $100 billion fund for Ukraine when the alliance’s foreign ministers meet Wednesday, two diplomats told POLITICO.
The financial package will be part of a broader effort to get allies to support kyiv as a $60 billion U.S. military aid package stalls in Congress.
One idea would be for the alliance’s 32 members to contribute to the $100 billion fund in the same proportion as they finance NATO’s shared budget – which is based on their gross national income.
It also comes as NATO allies discuss ways for the alliance to gradually take over a U.S.-led multinational group that coordinates arms shipments to Ukraine, as POLITICO reported .
NATO countries hope to finalize the details of these proposals by the NATO leaders’ summit in Washington in July, diplomats say.
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