US Senate Eyes up to $8 Billion in Ukraine Arms Supplies a Year in Allied-Funded Scheme, WSJ Reports

US Senate eyes up to $8 billion in Ukraine arms supplies a year in allied-funded scheme, WSJ reports

The so-called Peace Act would establish a fund at the U.S. Treasury through which NATO allies could contribute money, enabling the Pentagon to replenish weapons sent to Kyiv, the Wall Street Journal reported.

Republican senators unveil plan to let allies fund US arms for Ukraine: Report

Aides told Wall Street Journal plan could generate $5 - 8B annually, with Germany, UK likely donors - Anadolu Ajansı

NATO backs new US-led channel to accelerate aid to Ukraine

NATO Secretary General Mark Rutte has welcomed a new initiative aimed at boosting military support to Ukraine, speaking during an online meeting of the Ukraine Defence Contact Group (UDCG) on 21 July. The meeting was hosted by German Defence Minister Boris Pistorius and UK Defence Secretary John Healey. According to a NATO press release, Rutte highlighted the joint initiative he announced with US President Donald Trump the previous week. The pro…

Republicans in the US Senate are proposing to create a fund to finance the supply of US weapons to Ukraine with contributions from European countries.

Two senior Republican senators, Roger Wicker and Jim Risch, have presented a detailed plan that would allow European partners to finance the transfer of US weapons and military equipment to Ukraine. The document envisions the establishment of a fund in the US Treasury Department to receive money from European allies. The US Secretary of Defense would then use this fund to pay contractors to replenish US arsenals, enabling the Pentagon to continu…