Business news from Ukraine

US HOUSE OF REPRESENTATIVES PASSES SEVERAL BILLS ON UKRAINE

13 May , 2022  

The US House of Representatives passed a number of bills related to the situation in Ukraine on Wednesday, The Hill said.
One of the bills is aimed at alleviating the debt burden of Ukraine. Some 452 congressmen voted for it, while 56 voted against.
The document instructs the U.S. Treasury Secretary to seek from U.S. representatives in international financial organizations, including the IMF and the World Bank, the immediate suspension of debt service payments by Ukraine and the provision of financial assistance to Kyiv on favorable terms.
The second bill seeks to require the U.S. executive branch to seek to the fullest extent possible the exclusion of Russian officials from participation in meetings, meetings and other events of the G20, the Basel Committee on Banking Supervision, the Financial Stability Board, the International Insurance Association supervisors and the International Organization of Securities Commissions.
Some 416 congressmen voted for this project, while two voted against.
The third bill concerns the need for U.S. financial institutions to comply with U.S. sanctions against Russia and Belarus. It was approved by 418 votes.
According to the congressional database, all three documents must now go to the Senate for consideration.

, ,