Ukrainian President Volodymyr Zelenskiy, right, Spain's Prime Minister Pedro Sanchez, second from right, Latvia's President Edgars Rinkevics, left, and Finland's President Alexander Stubb, centre left,

Spain will provide Ukraine with a new military aid package worth 1 billion euros ($1.05 billion) this year, Prime Minister Pedro Sanchez said on Monday in Kyiv during an international meeting held on the third anniversary of Russia's invasion.

Spain and Canada have announced aid packages for Kyiv while its other allies have imposed sanctions on Russia.

Poland, Germany and Spain express reluctance before crisis meeting on response to Trump’s peace talks with Russia

Spain poured cold water on Monday on a British proposal to send peacekeepers to Ukraine and said negotiations to end the three-year war should not end up rewarding Russian aggression.

Spain will provide Ukraine with a new military aid package worth 1 billion euros ($1.05 billion) this year, Prime Minister Pedro Sanchez said on Monday in Kyiv during an international meeting held on the third anniversary of Russia's invasion.

An informal European summit on Sunday will seek to strengthen Kiev in potential peace negotiations for the war in Ukraine. Zelensky is already in the United States to meet with Trump and sign the agreement for the exploitation of Ukraine's rare earth lands.

"We are ready to continue to provide military assistance and equipment with even more determination than we have in the past," Spanish PM Pedro Sanchez said.

President Trump has called on NATO allies to increase their defense spending to 5 percent, with only three countries currently meeting the 2 percent threshold, while NATO Secretary General Mark

Spanish Prime Minister Pedro Sanchez announced a fresh €1 billion ($1.047 billion) military aid package for Ukraine on Monday. “We will continue supporting Ukraine as long as it takes. We will not let you down when you need us the most,” said Sanchez at the summit in Kyiv marking the third anniversary of the war.

The Kremlin says it sees potential for co-operation with the US on developing Russia's reserves of rare earth minerals, including from Russian-occupied parts of Ukraine.

European officials are preparing a new military aid package expected to be worth billions, as continued U.S. support for Ukraine appears in doubt under Trump.