NATO allies are discussing the creation of a military support fund worth around €70 billion for Ukraine, which could become one of the main outcomes of the alliance’s summit in Ankara on July 7–8.

Axar.az reports, citing Euractiv, that several NATO diplomats confirmed discussions are underway on a new fund for Ukraine, with €70 billion being considered as a possible target amount.

According to the report, the package would include the European Union’s Ukraine support loan, under which Kyiv is expected to receive €28.3 billion this year for military needs. The remaining funds would likely come through bilateral contributions from allied countries.

NATO Secretary General Mark Rutte did not confirm a specific figure but stated that the bulk of financial support for Ukraine is currently being provided by European countries and Canada.

Asked whether the United States would participate in the initiative, Rutte noted that Washington continues to provide essential assistance, including weapons deliveries paid for by European allies and Canada under existing arrangements.

However, one diplomat told Euractiv that securing a U.S. commitment remains part of the ongoing discussions.

The report added that formal negotiations on the fund have not yet begun and that disagreements remain over whether a specific figure should be included in the final summit declaration.

Germany is said to be among the strongest supporters of the proposal, while some allies favor a more flexible approach rather than committing to a headline number.

Despite the differences, diplomats stressed that NATO members remain united in their commitment to supporting Ukraine.