President Joe Biden during a meeting with Ukraine’s Prime Minister Volodymyr Groysman announced the
allocation of new financial assistance to Ukraine in the amount of $220 million
in support of judicial and customs reforms, decentralization, as well as
achieving energy independence.
had a meeting with U.S. Vice President Joseph Biden and we discussed the agenda
of our bilateral relations. And
I thank Mr. Vice President for announced yesterday $220 million in assistance to
Ukraine in order to support reforms," stated the Prime Minister of Ukraine
Volodymyr Groysman reporters
after the annual conference of the Center for US-Ukrainian relations «Providing
Ukraine with an
Annual Report Card», on Thursday, 16 June.
resources are directed to the needs of reform of the Ukraine’s judicial system,
customs, decentralization and reducing dependence on Russian gas. Also,
the USA will allocate 60 million OPIC (Overseas Private Investment Corporation)
to support investment in Ukraine, particularly in agriculture, health care,
real estate and others.
new resources, announced by Vice President Joe Biden on the results of our
meeting and discussion of the real situation," said Volodymyr
Minister reminded that the United States recently signed an agreement on the
allocation of loan guarantees in the amount of $1 billion to ensure
He also noted
that the US Agency for International Development was ready to continue supporting
Ukraine in implementing reforms.
this support only after the implementation of reforms. We
cannot demand something without doing anything. We
will continue to make changes aimed at Ukraine’s economy growth, and it is our joint
task," Volodymyr Groysman
the Ukraine’s Prime Minister and Vice President Joe Biden was held on
Wednesday, 15 June. Vice
President Joe Biden welcomed the first steps of the new Government, which
allowed Ukraine to push reforms, including in the judicial and energy sectors. He
also praised the privatization process that had been started.
He assured that
the USA would continue to support Ukraine on the way of reforms, in particular
to root out corruption and increase transparency, as well as to fulfill the plan
of cooperation with the IMF.
In the context of
the reform of customs, Joe Biden stressed the importance of the
intergovernmental agreement on mutual assistance between customs
administrations of Ukraine and the United States, which was signed in May this
year, and reported that next week the 3rd mission of U.S. Customs
and Border Protection would come to Ukraine for evaluation Ukraine’s needs to
implement reforms in this area. The
sides also discussed steps to further reform the energy sector.
The Vice President noted that the United States would take a firm
position in coordination with the European partners for the full implementation
by Russia of the Minsk agreements and peaceful settlement in Donbas.