Ukraine aid beyond 2026 is pressing, G7 says

G7 foreign ministers said securing long-term financial support for Ukraine for 2027 and beyond is a pressing issue, as Kyiv’s allies look for ways to cover its budget after 2026.

In a joint statement after a meeting in Paris, the foreign ministers of Canada, Germany, France, Italy, Japan, the UK and the United States said they recognised the need to address Ukraine’s financing needs “in a coordinated way”.

The ministers also said negotiations on Europe’s future security must include Europeans, as US-mediated talks between Russia and Ukraine took place in Abu Dhabi.

The European Union’s 27 member states have granted Ukraine a 90-billion-euro loan, about $100 billion, for financing needs in 2026 and 2027. Ukrainian President Volodymyr Zelensky warned last month that this would not be enough, estimating Ukraine’s 2027 budget shortfall at around 70 billion euros.

European leaders have acknowledged that financial and military support for Ukraine is secured for 2026, but only partly covered for the following year.