NATO is preparing €70 billion for Ukraine and new defence deals worth billions

At the NATO summit in Ankara, the allies will announce new defence contracts and support for Ukraine.

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At the NATO summit, to be held on 7–8 July in Ankara, the Alliance’s member states plan to announce new defence contracts worth several billion and to allocate at least €70 billion in military aid to Ukraine.

Briefly about the main points
  • NATO plans to award new multi-billion contracts for arms.
  • Ukraine is set to receive at least €70 billion in military aid.
  • The Allies will confirm the application of Article 5 on collective defence.
  • Russia will once again be described as a long-term threat to the Alliance.
  • Europe is set to increase its investment in missiles, air defence systems and drones.

NATO Summit: new defence agreements and support for Ukraine

At the NATO summit in Ankara, At the summit, which will take place on 7–8 July, the Alliance’s member states plan to announce new multi-billion defence contracts. This will be an important step towards ramping up arms production and strengthening the Alliance’s defence capabilities. Member states are expected to reaffirm their commitment to the principle of collective defence and to identify Russia as a long-term threat to European security.

NATO Secretary General Mark Rütte emphasises that the development of the defence industry will be a key topic at the meeting. In particular, the allies plan to announce new agreements on arms procurement and the joint production of military equipment.

«We must strengthen our defence capabilities in order to respond to today’s challenges,» said Rutte.

One of the key points of the draft final declaration is the continuation of large-scale support for Ukraine. According to preliminary agreements, Allies must provide Ukraine with at least €70 billion in military aid, and also to commit to providing a similar level of support next year. However, the issue of funding remains a matter of debate, and the United States will not be contributing to the funding of this package.

Europe is stepping up its defence role

The draft declaration also provides for an expanded role for European allies in ensuring the continent’s security. Countries NATO They plan to invest in air defence systems, long-range strike capabilities, unmanned systems and the development of the defence industry. These decisions are being taken against the backdrop of a review of the US military presence in Europe and calls from Washington for its allies to increase their own defence spending.

Russia as a long-term threat

Despite political debates within the Alliance, NATO countries plan to once again officially designate Russia as a long-term threat to Euro-Atlantic security. A separate section of the declaration may also refer to the situation regarding Iran, where the allies will call on Tehran to prevent the development of nuclear weapons and to guarantee freedom of navigation through Strait of Hormuz.

The summit in Ankara could prove to be one of the most important for NATO in recent years. The decisions expected to be taken are set to determine the future pace of the Alliance’s rearmament, the scale of support for Ukraine and Europe’s role in its own defence against the backdrop of the ongoing standoff with Russia.

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