07:22 GMT +307 December 2019
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    US Provides $190Mln to Kiev to Fight Corruption, Strengthen Energy Security

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    After Minsk: Will Peace Come to Ukraine? (1049)
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    The United States provided nearly $200 million in aid to Ukraine to assist the country fight corruption and strengthen energy security, among other objectives, the White House said in a press release.

    WASHINGTON (Sputnik) — The $190 million in new assistance to Ukraine, the release stated on Monday, would "elevate the fight against corruption through law enforcement and justice sector reform," while also strengthening "energy security by increasing efficiency, transparency, and resilience in the energy sector."

    The US aid package, according to the release, also aims to attract investment to Ukraine by streamlining government regulations and privatizing state-owned enterprises in addition to promoting economic growth by developing trade capacity.

    On Monday, US Vice President Joe Biden met with Ukrainian Prime Minister Arseniy Yatsenyuk to discuss the financial aid package where he urged Ukraine to uphold the Minsk agreement and fight corruption, the White House said.

    The latest US assistance package to Ukraine brings Washington’s loan guarantee commitment to $2 billion since former Ukrainian President Victor Yanukovych was ousted from office in 2014, according to the White House.

    Topic:
    After Minsk: Will Peace Come to Ukraine? (1049)

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    aid, Joe Biden, Arseniy Yatsenyuk, Ukraine, United States
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