World Video | Defence | Foreign Affairs | Natural Events | Trade | NZ in World News | NZ National News Video | NZ Regional News | Search

 


Additional Assistance for Ukraine

Additional Assistance for Ukraine

Taken Question
Office of the Spokesperson
Washington, DC

Question Taken at the April 10, 2014 Daily Press Briefing
April 14, 2014

________________________________________
Question: What additional assistance is the United States providing to Ukraine?

Answer: Today, April 14, the United States and Ukraine signed a loan guarantee agreement intended to unlock $1 billion in financing for the Government of Ukraine and bolster its ability to provide critical services as it implements necessary reforms, while protecting vulnerable Ukrainians from the impact of much-needed economic adjustments. The loan guarantee agreement was signed at the Department of Treasury by USAID Associate Administrator Mark Feierstein and Ukrainian Minister of Finance Oleksandr Shlapak. The United States is committed to helping Ukraine access international markets as quickly as possible.

We also are providing other forms of assistance to meet Ukraine’s most pressing needs and to help it enact the reforms needed to make its IMF program a success. This includes helping Ukraine carry out crucial economic reforms. We have sent Treasury Department and USAID technical advisors to work with Ukraine’s National Bank, Finance Ministry, and Deposit Guarantee Fund.

The United States is helping Ukraine recover stolen assets and reduce corruption. For example, we have sent a team of experts from the Treasury Department, Justice Department, and FBI to advise the Ukrainian government on how to investigate and collect evidence needed to recover stolen assets located abroad. The U.S. and UK will co-host a multilateral meeting April 29-30 to bring together Ukrainian officials and their counterparts from key financial center countries to coordinate on tracing stolen assets. USAID has advised the Ministry of Economic Development on recently passed amendments to the Public Procurement law, which promotes competition and transparency in tenders and is helping Ukraine meet requirements to become compliant with the Extractive Industry Transparency Initiative.

USAID and the State Department are providing over $11.4 million in assistance to promote free, fair, and peaceful elections on May 25. This will include support for domestic and international election observers, transparent and effective election administration, and voter education campaigns among other activities.

And we are helping Ukraine withstand politically motivated trade actions by Russia, including those linked to energy. For example, USAID is working with other donors to help reform the energy sector and improve energy efficiency.

On the security side, we have long-standing military-to-military cooperation with Ukraine. Our ongoing Foreign Military Financing and International Military and Education Programs have focused on supporting defense reforms, military professionalization, increasing the interoperability of Ukrainian forces, and expanding Ukraine’s deployable peacekeeping capabilities. We currently are working with Ukraine to determine its requirements across the security sector. Based on those requirements, we will review options for potential additional security assistance. On March 29, the United States delivered approximately 300,000 meals-ready-to-eat (MRE) rations to Ukraine.

ENDS

© Scoop Media

 
 
 
 
 
World Headlines

 


$1 Billion In Reparations For Iraq's Invasion Of Kuwait

UN Panel Pays Out Over $1 Billion in Reparations for Iraq's Invasion of Kuwait More>>

UN-Backed Tsunami Warning System Test

A view of the destruction caused by the Indian Ocean tsunami of 26 December 2004 in Point Pedro, a small fishing village in northern Sri Lanka. UN Photo/Evan Schneider More>>

Al Jazeera To Mark 300 Days Since Arrests Of Journalists

• 300 second montage to mark 300 days to be aired on Al Jazeera • Parents of Peter Greste say the past 300 days has been stressful Doha , 23 October, 2014 More>>

4 Months’ Jail For French Journos Should Be Enough

'We hope it will be a lesson for foreigners to not violate their visas in Indonesia.' More>>

Support Needed For Olive Farmers In Palestinian Territory

Olive trees in the Palestinian town of Ni'lin in 2008 were very close to expanding Israeli settlements. Photo: IRIN/Shabtai Gold More>>

ALSO:

Use Of Drones In Law Enforcement May Violate Human Rights

22 October 2014 – The increasing use of armed drones within domestic law enforcement risks depersonalizing the use of force and infringing upon the rights of individual citizens, a United Nations independent human rights expert warned today. More>>

Gaza: Pledges For Aid, Reconstruction Must Be Honoured

Secretary-General Ban Ki-moon (left) addresses the Security Council meeting on the situation in the Middle East, including the Palestinian question. Security Council President for the month of October, María Cristina Perceval of Argentina, is at ... More>>

Ebola: UN Prepares For Arrival Of Trial Vaccines

In early October 2014, with the help of the US Navy, a new mobile laboratory opened at Island Clinic, one of the WHO-supported Ebola Treatment Units (ETU) in Monrovia, Liberia. Photo: WHO/R. Sørenson More>>

Get More From Scoop

 
 
 
 
 
World
Search Scoop  
 
 
Powered by Vodafone
NZ independent news