NATO summit in Ankara to label Russia as threat and pledge €140 billion to Ukraine over two years

The final declaration of the NATO summit in Ankara on 7-8 July, which allies plan to finalise on 3 July, will include a statement that Russia poses a threat to Euro-Atlantic security, as well as a commitment by NATO member states to provide Ukraine with €70 billion in military support annually in 2026-2027.

Source: European Pravda, citing its own sources within NATO

Details: The text of the Ankara summit declaration is expected to define Russia as a threat to Euro-Atlantic security and to pledge €70 billion per year to support Ukraine's military in 2026 and 2027.

One source said that the draft declaration of the NATO summit in Ankara was currently at the final stage of approval and that allies hoped to conclude discussions on 3 July.

According to European Pravda, the declaration will retain the wording used in previous statements that Russia poses a threat to Euro-Atlantic security.

A new element in the Ukraine section of the declaration will be recognition of Ukraine not only as a recipient of security assistance from NATO, but also as a provider of security for European NATO allies.

However, the key element of the Ukrainian part of the declaration will be a commitment to long-term defence support for Ukraine (the Ukraine Defence Pledge), proposed and actively promoted by Germany.

The document is expected to state that Europe and Canada will commit to providing Ukraine with €70 billion in military support annually in 2026 and 2027 – a total of €140 billion over two years.

Sources told European Pravda that this issue had prompted the most discussion, particularly among EU countries that have so far not provided substantial financial support to the Ukrainian military and were reluctant to take on additional commitments in the future.

However, it now appears that all allies have been persuaded, and the key provision of €140 billion for Ukraine (more precisely, €70 billion per year) will remain in the final version of the NATO summit declaration in Ankara.

It is worth noting that the €70 billion figure will not apply to all NATO member states: only European allies and Canada will undertake these commitments to support Ukraine.

Another important clarification is that the €70 billion per year is not additional funding, but the total amount that allies will provide to Ukraine in 2026-2027. This includes the defence portion of the EU's €90 billion loan, which will amount to €28.3 billion in 2026, as well as all bilateral military support commitments to Ukraine from European NATO members and Canada.

Background:

• As previously reported by European Pravda, German Chancellor Friedrich Merz had announced that at next week's NATO summit Germany would advocate for new financial assistance commitments to Ukraine from its European partners.
• The US Ambassador to NATO indicated that there would be substantial announcements for Ukraine at the Ankara summit.
• In addition, a meeting of the NATO-Ukraine Council at the level of foreign ministers will take place during the NATO summit in Ankara on 7-8 July.

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