NATO foreign ministers to discuss €100 billion Ukraine fund

A general view during the NATO foreign ministers meeting at NATO headquarters in Brussels. -/NATO/dpa
A general view during the NATO foreign ministers meeting at NATO headquarters in Brussels. -/NATO/dpa
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NATO foreign ministers will discuss a proposed €100 billion ($108 billion) fund for long-term military support to Ukraine.

"The secretary general, Jens Stoltenberg, has proposed creating an envelope of €100 billion over five years," Belgian Foreign Minister Hadja Lahbib told reporters ahead of a NATO foreign minister's meeting in Brussels on Wednesday. "We'll analyse the feasibility of this proposal."

Lahbib said that there'll be no decision on the proposal at this week's two-day meeting on Wednesday and Thursday, but that it will be discussed in preparation for a NATO summit to be held in Washington in July.

Spanish Foreign Minister José Manuel Albares Bueno and his German counterpart, Annalena Baerbock, both said it was important to ensure there's no duplication of efforts between NATO and the EU, which has an off-budget fund for Ukraine military aid.

"We can evaluate it [the proposed fund], of course, but I believe that what we must not do in any case is duplicate efforts." Albares said. "We must not duplicate bilaterally what can best be done jointly in the European Union and we must not duplicate in NATO what the European Union does."

A general view during the NATO foreign ministers meeting at NATO headquarters in Brussels. -/NATO/dpa
A general view during the NATO foreign ministers meeting at NATO headquarters in Brussels. -/NATO/dpa