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Ukraine will seek an additional $20 billion in military funding from its allies at a meeting next week, aiming to capitalize on what it views as a favorable position on the battlefield, according to a Reuters report on Friday citing a Ukrainian defense source.
The request is expected to be presented next Thursday at a meeting of the Ukraine Defense Contact Group, also known as the Ramstein group, a coalition of more than 50 countries that coordinates military and financial assistance for Kyiv.
"We have a six- to nine-month window of opportunity on the battlefield that requires an urgent acceleration of funding," the source said.
According to the source, participating countries will be asked to contribute between $2 billion and $6 billion each, either through direct military assistance or loans, to meet the overall $20 billion target. Politico first reported the planned request.
Russia's advances have slowed this year and effectively stalled last month, according to the report, as Ukrainian medium-range drone strikes disrupted Russian logistics and supply lines near the front.
At the same time, Ukraine's long-range drone operations have continued targeting Russia's energy infrastructure.
Russian President Vladimir Putin said last week that Russian forces were still making daily gains and insisted there was no threat to the country's economy, while acknowledging that Ukrainian strikes had caused damage.
Ukraine has also increasingly targeted Russian cities far from the front lines, prompting Putin to concede that Moscow needs to strengthen its air defense capabilities.
U.S.-led efforts to negotiate an end to the more than four-year conflict have made little progress in recent months, with Washington's focus shifting toward developments in the Middle East.
Russia's full-scale invasion of Ukraine has become Europe's largest conflict since World War II, resulting in thousands of civilian deaths and at least tens of thousands of military casualties.
Since the outbreak of the war in 2022, the Ramstein group has served as one of the principal mechanisms for coordinating international military support for Ukraine and compensating governments that transfer defense equipment to Kyiv.
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