17:06 21.11.2014

Biden promises U.S., IMF aid for Ukraine if reforms continue

1 min read
Biden promises U.S., IMF aid for Ukraine if reforms continue

United States Vice President Joseph Biden has promised aid from the U.S. and international partners if Ukraine conducts its reforms efficiently.

At a press conference held jointly with Ukraine's President Petro Poroshenko in Kyiv on Friday Biden said that he and Poroshenko discussed the situation in Ukraine and that the president and Prime Minister Arseniy Yatseniuk worked a lot to create a program of reforms with the International Monetary Fund. Biden said that he and the Ukrainian president met with the IMF with regard to Ukraine. Finally, he reassured Ukraine that if it continues this course, international partners, starting from the U.S., will help.

The U.S. closely cooperates with international institutions to ensure Ukraine has financial resources to provide the support this country needs, the vice president added.

Washington is ready to help Ukraine find opportunities for improving its business climate in order to increase investment, Biden also said. All this will depend on whether the reforms that were started are implemented, he said.

The vice president also pledged U.S. help in other spheres of Ukrainian life. Ukraine will not be alone and the U.S. will be its partner and friend, Biden said.

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