NATO allies are actively discussing a comprehensive new €70 billion military aid package for Ukraine. The landmark funding framework is being positioned for a formal announcement during the upcoming NATO summit scheduled for July 7-8 in Ankara, Turkey, Politico reported.JOIN US ON TELEGRAMFollow our coverage of the war on the @Kyivpost_official. A German initiative for transparent burden-sharing The €70 billion ($80,6 billion) initiative was put forward by Germany. Beyond setting a substantial new financial target for Kyiv’s defense, the German proposal introduces a structural tracking mechanism designed to monitor the contributions of individual member states with greater transparency. This institutional oversight is specifically aimed at addressing growing dissatisfaction among several allied nations who believe they are currently shouldering an unfair and disproportionate share of the collective financial burden required to sustain Ukraine’s defense. A fifth senior NATO diplomat emphasized that a primary objective heading into the July summit is to secure a firm, long-term commitment from all alliance members on a more equitable and predictable basis. An official representative speaking on behalf of the Alliance confirmed that internal deliberations are ongoing regarding how to preserve robust support for Ukraine while simultaneously ensuring a fairer distribution of defense workloads across the transatlantic partnership. Structuring the funding framework Approximately €30 billion ($34,6 billion) is slated to be drawn from a previously finalized €90 billion ($103,7 billion) EU loan facility. The remaining €40 ($46 billion) billion is expected to be raised directly from individual NATO member states through dedicated bilateral assistance channels.