NATO launches a new “combat wallet” for Ukraine. Washington and Brussels are creating a new weapons supply mechanism for Ukraine that will accelerate support amid rising civilian casualties, Reuters reports.
Amid fresh Russian strikes on Ukrainian cities, the US and NATO are jointly developing a new scheme to deliver arms to Ukraine, now funded by Europe but drawn from American arsenals. The goal is to raise $10 billion to support Ukraine’s defense as Moscow escalates the war.
This setup bypasses complex US procedures and enables faster delivery of air defense systems, missiles, artillery, and other critical weapons. This is a voluntary initiative coordinated by NATO, says a senior Alliance official.
How the new aid mechanism works
Under the plan, NATO will create a special account where member states will contribute funds. These funds will then be used to procure or transfer US weapons to Ukraine.
Ukraine will submit lists of priority weaponry (PURL) worth about $500 million per tranche, and allies will determine who contributes to what. NATO Secretary General Mark Rutte will coordinate the distribution.
Trump steps up pressure on Moscow and allies
President Donald Trump, initially cautious in his rhetoric, has adopted a tougher stance on the war. According to sources, he condemned Russia’s growing civilian death toll and gave the Kremlin a deadline — show progress in ending the war by 8 August, or face new US tariffs.
Meanwhile, Russian President Vladimir Putin said Russia does not plan to stop the war against Ukraine. His statements came on 1 August, the day after Russian missiles killed 31 civilians in Kyiv. Putin claimed Russia is ready to wait until Ukraine agrees to its conditions to end the war, which mean de-facte the capitulation of Kyiv.
US lawmakers seek to formalize the scheme in law
Congress has introduced the PEACE Act, a bill that would create a dedicated fund within the US Treasury to collect European contributions and replenish US weapons stockpiles sent to Ukraine. Negotiations on the first tranche are ongoing, but the exact timeline and aid volumes remain unclear.
