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US, NATO developing novel funding mechanism for Ukraine weapons transfers
The US and NATO are creating a new method to supply weapons to Ukraine using funds from NATO countries to buy US arms, according to sources familiar with the matter.
NATO countries, Ukraine, and the United States are developing this mechanism to focus on US weapons from the Priority Ukraine Requirements List, as reported by the sources.
A European official stated that NATO allies hope to provide $10 billion in arms for Ukraine, speaking on condition of anonymity.
Arms will be delivered in tranches of about $500 million as per Ukraine's Priority Ukraine Requirements List , reported by Reuters.