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Ukraine will ask allies for $20 billion to keep momentum against Russia, source says

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KYIV, June 12 (Reuters) - ‌Ukraine will seek an additional $20 billion ​in military funding from its allies at a meeting next week ⁠to cement what it sees as its current battlefield advantage over Russia, a Ukrainian defense source said.

The request ​will be made next Thursday at a meeting of the ‌Ukraine Defense Contact Group, an alliance of more than 50 countries also known as the Ramstein group, where allies ⁠organize financial and military aid for Kyiv.

"We ⁠have a six- to nine-month window of opportunity on the battlefield that requires an urgent acceleration of funding," the source said.

Russia's advances on the battlefield have slowed ‌this year - effectively grinding to a halt last month - ⁠as Ukrainian mid-range drone strikes have ‌harmed its supplies and logistics ​for the front line. Ukraine's long-range drone strikes, meanwhile, are inflicting pain on Russia's energy sector.

Putin last week ‌said that Russian forces were still ​advancing on the battlefield ⁠every day and there was no risk ‌to Russia's economy, though he ⁠acknowledged Ukrainian strikes were causing harm.

Some allies will each be asked to contribute between $2 billion to $6 billion to ​reach the $20 billion target, ‌either in the form of aid or a loan, ⁠the source said. The request ​was first reported by Politico.

(Reporting by Max Hunder; ​Editing by Daniel Flynn)

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