US President Joe Biden, in a conversation with his Ukrainian counterpart Vladimir Zelensky, announced Washington’s plans to provide Ukraine with $500 million in direct financial assistance, according to a White House press release.
“President Biden informed President Zelensky that the United States intends to provide the Ukrainian government with $500 million in direct budget support,” the document says.
The two leaders also discussed how the US is working with allies and partners to identify additional opportunities to provide defense assistance to the Ukrainian military. It was also about how the United States is trying to “satisfy the basic needs of Ukraine in the field of security.”
In addition, Zelensky provided Biden with information on the state of negotiations between Ukraine and Russia, the press release also says.
US President Joe Biden, in a conversation with his Ukrainian counterpart Vladimir Zelensky, announced Washington’s plans to provide Ukraine with $500 million in direct financial assistance, according to a White House press release.
“President Biden informed President Zelensky that the United States intends to provide the Ukrainian government with $500 million in direct budget support,” the document says.
The two leaders also discussed how the US is working with allies and partners to identify additional opportunities to provide defense assistance to the Ukrainian military. It was also about how the United States is trying to “satisfy the basic needs of Ukraine in the field of security.”
In addition, Zelensky provided Biden with information on the state of negotiations between Ukraine and Russia, the press release also says.
Italy plans to allocate EUR 110 million in financial assistance to support the population and economy of Ukraine in areas that will be agreed with the Ukrainian authorities, Italian Minister of Foreign Affairs and International Cooperation Luigi Di Maio said during a briefing in the Senate of the Italian Parliament.
“We also intend to help the International Committee of the Red Cross in the humanitarian sphere,” he added, commenting on the results of his visit to Kyiv last week.
Executive Vice-President of the European Commission Valdis Dombrovskis says the decision to provide Ukraine with another financial assistance in the amount of EUR 1.2 billion will be signed on February 1. “We are stepping up our support for Ukraine both in the immediate and medium term. The European Commission is going to adopt a new emergency macro-financial assistance package of EUR 1.2 billion tomorrow,” he said at a joint briefing with Prime Minister Denis Shmyhal in Kyiv on Monday.
He said that in order for the European Commission to provide the first tranche of EUR 600 million in the near future, this decision must be passed through the European Parliament, after which a memorandum of understanding must be signed on the directions of financing these funds.
Dombrovskis said this support is related to the programs that Ukraine has with the IMF.
Olha Stefanishyna, Deputy Prime Minister for European and Euro-Atlantic Integration, hopes that Ukraine will receive the second tranche of macro-financial assistance from the European Union in the amount of EUR 600 million in late October – early November.
“I can confirm for sure that already this month, or at the very beginning of November, we will receive the second tranche in the amount of EUR 600 million,” Stefanishyna told reporters in Kyiv on Thursday.
The United States House of Representatives has voted to increase the amount of financial assistance to Ukraine. American parliamentarians also supported amendments to the sanctions against Nord Stream 2, the Ukrainian Embassy in the United States said on Facebook.
“According to the bill, the total amount of funds to be allocated for the implementation of assistance programs to Ukraine through the Department of State, the U.S. Agency for International Development and related programs is at least $481.5 million, which is $28.5 million more than this year,” the report says.
Of this estimate, $125 million will be allocated as assistance to Ukraine for security-related purposes, under the article “International military financing,” which is $10 million more than in 2021.
To enter into force, the bill must be agreed and approved by the U.S. Senate and signed by U.S. President Joe Biden.
FINANCIAL ASSISTANCE, JOE BIDEN, NORD STREAM-2, UNITED STATES, UNITED STATES HOUSE
