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NATO Pledges €70 Billion for Ukraine and Agrees to Let Kyiv Build Patriot Missiles

The Hindu·Thursday, 9 July 2026
NATO Pledges €70 Billion for Ukraine and Agrees to Let Kyiv Build Patriot Missiles

NATO members at their summit pledged €70 billion in military assistance to Ukraine for 2026. Trump also announced Ukraine would get a licence to produce Patriot missiles domestically, though the systems have lengthy production times. Russia denounced the summit's decisions.

Why It Matters

A massive NATO commitment to Ukraine signals the war is far from over, and that global defence spending and geopolitical tensions will remain elevated — with ripple effects on energy and arms markets worldwide.

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