Business news from Ukraine

BIDEN: USA DOESN’T SEND TROOPS TO UKRAINE, BUT HELPS FINANCIALLY

The United States does not intend to send its military to Ukraine, but provides financial assistance, U.S. President Joe Biden has said.
“We will not send troops in to fight in Ukraine, but we will continue to support the Ukrainian people. Some $460 million in aid: from Javelin missiles to ammunition. Also, $100 million is humanitarian aid and economic support for Ukraine,” Biden said during a press conference from the White House on Friday.
He added that earlier the United States had announced $100 million in guarantees a week earlier.
“Thus, the United States will provide assistance to the Ukrainian people,” he said.

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U.S. SENATE PASSES RESOLUTION IN SUPPORT OF UKRAINE

The U.S. Senate unanimously adopted a resolution in support of Kyiv on Thursday evening, The Hill reports.
“This was a very significant resolution that we passed. It was led by Senators Shaheen [democrat Jeanne Shaheen] and Portman [republican Rob Portman] and sends a very strong message to Mr. Putin that the United States Senate, Democrats and Republicans of all different ideologies, are united in defending Ukraine in the ways that the administration sees fit,” the Hill quoted Senate Majority Leader Charles Schumer as saying.
And the fate of the resolution was in limbo earlier Thursday after republican Sen. Rand Paul warned that he would object to quickly passing it without changes, The Hill said.
Because senators wanted to fast-track passage of the resolution, they needed buy-in from all 100 senators, it said.
According to The Hill, sponsors of the resolution made changes to address Paul’s concerns, including adding language specifying that the resolution, which is nonbinding, was not meant to be viewed as authorization for the use of military force against Russia or authorizing U.S. troops for Ukraine.
The resolution was adopted due to the fact that senators could not agree on a bipartisan bill on sanctions against Russia initiated by Democrat Bob Menendez.
At the same time, Republicans in the Senate on Tuesday unveiled their own bill on sanctions against Russia.

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AMERICAN CHAMBER OF COMMERCE IN UKRAINE CONTINUES TO OPERATE IN UKRAINIAN CAPITAL

The American Chamber of Commerce in Ukraine continues to operate in Kyiv, member companies of the business association also continue to do business and have business continuity plans in place already for several years, President of the American Chamber of Commerce in Ukraine Andy Hunder has said.
“The American Chamber of Commerce team continues to operate in Kyiv. We are constantly in touch with our members, Ukraine’s government, and the US Embassy. This continuous dialogue and communication have been a strategic pillar of the American Chamber of Commerce for the past 30 years in Ukraine,” Hunder said in a commentary to Interfax-Ukraine.
He said that American Chamber of Commerce member companies have had business continuity plans in place already for several years, which are being regularly reviewed and updated.
“American Chamber of Commerce member companies continue to operate in Ukraine, contributing to the country’s economy, having already invested over $50 billion in the country, employing people, and contributing to the state budget,” the president of the business association said.

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MAIN STAFF OF U.S. EMBASSY IN UKRAINE MOVES TO LVIV

The main staff of the U.S. Embassy in Ukraine has moved to Lviv, a U.S. State Department official said.
“The main staff of the embassy has moved to Lviv to continue our important work in supporting Ukraine and finding a diplomatic solution to this crisis, which, of course, Russia has created,” the official told Interfax-Ukraine on Monday.

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PRESIDENT OF UKRAINE INVITES BIDEN TO VISIT UKRAINE

During a telephone conversation with U.S. President Joseph Biden on Sunday, President of Ukraine Volodymyr Zelensky invited him to pay a visit to Ukraine, according to the website of the Ukrainian head of state.
“I am convinced that your arrival in Kyiv in the coming days, which is decisive for stabilizing the situation, will be a powerful signal and will contribute to de-escalation,” Zelensky said.
During the conversation, they also talked about increasing the financial and energy stability of Ukraine against the backdrop of current challenges.
Zelensky said that the Ukrainian side understands all the current risks, ready for any development of the situation. “We will stop any escalation towards Ukraine. The capital of Ukraine, Kyiv, other cities of our state – Kharkiv and Lviv, Dnipro and Odesa – are safe and under reliable protection,” he said.
The President of Ukraine noted the steps taken by the U.S. and other partners that continue to provide effective support to Ukraine. “We expect that, among other things, it will help prevent the spread of panic,” Zelensky said.
He thanked Biden for U.S. support and noted the importance of providing effective security guarantees to Ukraine. “We are ready to discuss them in different formats,” Zelensky said, emphasizing that there can be no security in Europe without the security of Ukraine.

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BLINKEN: SITUATION AROUND UKRAINE IN FOCUS OF UNITED STATES

Issues related to Ukraine and Russia’s actions continue to be in the focus of the United States administration, regardless of where its employees are, US Secretary of State Antony Blinken has said.
“That remains front and center in what we’re doing and indeed what I continue to do even as we’re heading to Australia,” Blinken told reporters accompanying him to Canberra aboard the plane.
“I’ve been on the phone during a chunk of this trip talking to various counterparts with some focus on Russia-Ukraine. I spent some time talking to National Security Advisor Jake Sullivan as well,” he said.
“And this is part of, as we’ve tabulated, with foreign counterparts something like 200-plus engagements just in recent weeks – phone calls, video conferences, in-person meetings, where we have been working to coordinate all of our partners in standing up to this Russian aggression directed toward Ukraine,” Blinken said.
“We have been engaged in a two-track strategy where we have, on the one hand, been pursuing diplomacy, but at the same time building up strong deterrence to dissuade Russia from taking aggressive action,” the US Secretary of State said.

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