The United States and Ukraine's European allies agree that Europe, not the United States, will fund further military and security assistance to Ukraine. US Vice President JD Vance gave an interview to Fox News on August 10 and reiterated the Trump Administration's consistent position that the United States will no longer directly fund the Ukrainian military effort, but that Europe can continue to buy weapons from US manufacturers for Ukraine and Europe's own defensive needs. North Atlantic Treaty Organization (NATO) Secretary General Mark Rutte stated in an interview with Face the Nation published on August 10 that the "floodgate" of lethal aid packages to Ukraine opened after US President Donald Trump met with Rutte on July 14 and that Canada and European NATO allies will continue to fund weapons for Ukraine. Rutte stated that these deliveries are in addition to Europe's investments in European and Ukrainian defense industrial facilities and that there will be additional European aid package announcements in the coming weeks. Western outlets reported on August 7 that NATO allies, the European Parliament, and several international banks — including US JP Morgan Chase, German Commerzbank, and Canadian RBC Capital Markets — are backing the new Bank for Defense, Security, and Resilience (DSRB), an international bank that will specialize in lending to NATO and allied countries for defense procurement. Western media reported that the DSRB will help NATO states reach their goal of committing five percent of gross domestic product (GDP) to defense spending and that more than 40 unspecified countries are expected to become shareholders. UK Chancellor of the Exchequer Rachel Reeves and UK Defense Secretary John Healy endorsed the DSRB. The DSRB announcement signals NATO allies' commitment to increasing defense spending, and European NATO members will likely leverage the bank to sustain investments in Ukraine's defense industrial base (DIB), to launch further joint production initiatives with Ukraine, and to fund defense production intended for Ukraine and NATO allies' own stocks.
US President Donald Trump is reportedly considering a trilateral meeting with Russian President Vladimir Putin and Ukrainian President Volodymyr Zelensky during the August 15 summit in Alaska. Reuters reported on August 9, citing sources in the White House, that Trump is open to holding a trilateral summit in Alaska with Zelensky and Putin but that the White House is currently preparing for a bilateral meeting between Trump and Putin. CNN and NBC reported on August 10, citing senior US officials and sources familiar with the matter, that the White House has not ruled out the possibility of inviting Zelensky to Alaska. One of the sources noted that any meeting with Zelensky would likely occur after the Trump-Putin meeting. Vance told Fox News on August 10 that the United States is trying to schedule a trilateral meeting between Putin, Trump, and Zelensky in order to negotiate an end to the war. Vance stated that Putin's refusal to meet with Zelensky has been one of the most significant impediments to the peace process.
The Kremlin is attempting to use the upcoming Alaska summit to divide the United States from Europe rather than engage in meaningful peace efforts. Russian Security Council Deputy Chairperson Dmitry Medvedev claimed on August 10 on both his English and Russian language Telegram accounts that Europe is trying to prevent the United States from helping to stop the war in Ukraine. Russian Liberal Democratic Party (LDPR) Head Leonid Slutsky claimed on August 9 that European countries are pursuing an anti-Russian policy and trying to prevent a quick peace settlement in Ukraine. Russian political scientist Sergei Markov told the Washington Post on August 10 that Russia's main interest in the Alaska summit is to portray Ukraine and Europe rather than Russia as the obstacles to peace in Ukraine. Markov stated that Russia refuses to take any steps backward and that the only compromise that Russia is willing to consider is halting military efforts to seize Odesa and Kharkiv oblasts and Kherson and Zaporizhzhia cities. Markov expressed hope that Trump will realize that Zelensky is the main reason for Russia's war in Ukraine and that European leaders are the second reason for the war, rather than Russia. |