Kuleba on NATO's $100 billion initiative for Ukraine: Zero chances

Kuleba on NATO's $100 billion initiative for Ukraine: Zero chances

Ukraine's Foreign Minister Dmytro Kuleba has said that NATO does not currently have the tools to provide Ukraine with €100 billion in aid over five years. He said this after meeting with his colleagues at NATO headquarters and a meeting of the NATO-Ukraine Council.


"Now NATO is trying to raise $500 million a year for an aid package. That is, the current funding model has zero chances for this initiative, because they cannot raise 500 million, and so they will need to raise 20 billion. In the current model. But if we manage to calculate the form of participation of everyone in financing on a mandatory basis, then this idea has the right to exist and a chance to be implemented," Kuleba said. 


As you know, NATO Secretary General Jens Stoltenberg's idea is to find a formula by which Ukraine will be helped not just voluntarily on a bilateral basis, but collectively. 


"Because the current situation is such that when Jens says that 90% of the aid to Ukraine comes from NATO countries, it is true. And if you look at the list of NATO countries, these ninety percent are distributed among a very, very small number of allies. That's why he says: let's distribute it fairly, so that everyone systematically contributes according to their budget and their capabilities," the minister said.





Ukraine's Foreign Minister Dmytro Kuleba has said that NATO does not currently have the tools to provide Ukraine with €100 billion in aid over five years. He said this after meeting with his colleagues at NATO headquarters and a meeting of the NATO-Ukraine Council.


"Now NATO is trying to raise $500 million a year for an aid package. That is, the current funding model has zero chances for this initiative, because they cannot raise 500 million, and so they will need to raise 20 billion. In the current model. But if we manage to calculate the form of participation of everyone in financing on a mandatory basis, then this idea has the right to exist and a chance to be implemented," Kuleba said. 


As you know, NATO Secretary General Jens Stoltenberg's idea is to find a formula by which Ukraine will be helped not just voluntarily on a bilateral basis, but collectively. 


"Because the current situation is such that when Jens says that 90% of the aid to Ukraine comes from NATO countries, it is true. And if you look at the list of NATO countries, these ninety percent are distributed among a very, very small number of allies. That's why he says: let's distribute it fairly, so that everyone systematically contributes according to their budget and their capabilities," the minister said.