The vow – to be contained in a final summit declaration – includes 30 billion euros each year from an EU loan and funds already committed by individual countries, diplomats said.
The largely symbolic move is aimed at showing US President Donald Trump that allies have fully taken over the financing of Ukraine’s fight against Russia as he has stopped Washington’s support.
And it is meant to demonstrate to Ukraine’s President Volodymyr Zelenskyy – who will attend the summit – that backing remains steadfast as his country appears to be turning the tide in the war.
Diplomats say that the financing from the European Union loan and the pledges they have made already mean they are on course to reach the 70 billion euros in each year.
Germany – now the largest backer of Ukraine – had pushed to have the commitment put in writing as it seeks to drive other European countries to do more.
Officials said that there was some pushback from Italy over putting the pledge in black and white, but that it was eventually approved Friday by ambassadors at NATO.
