14:14 01.04.2016

Biden to Poroshenko: Formation of new government opens possibility of additional financial support

2 min read
Biden to Poroshenko: Formation of new government opens possibility of additional financial support

U.S. Vice President Joe Biden has met with Ukrainian President Petro Poroshenko and said the formation of a new government in Ukraine oriented towards cooperation with the International Monetary Fund opens possibilities for a third tranche.

"According to Joseph Biden, the formation of a new government, oriented on reforms and cooperation with the IMF, opens possibilities for providing the third loan guarantee of $1 billion, as well as for assistance of other international financial institutions," Poroshenko's press service said.

U.S. Secretary of State John Kerry was present at the Poroshenko-Biden meeting.

The parties discussed recent developments in Donbas in the context of Russian aggression. The parties agreed that Russia needs to meet security-related conditions to implement the political provisions of the Minsk agreements.

Biden also announced a U.S. decision to provide additional $335 million for reforms of the security sector of Ukraine, in particular of the Armed Forces of Ukraine, the National Guard of Ukraine and the State Border Guard Service of Ukraine.

Poroshenko and Biden also talked about possibilities of deploying an international security mission in Donbas.

The parties stressed the necessity of releasing Nadia Savchenko and urgent access of doctors to her.

They also agreed on the necessity for the sanctions against Russia to be continued until Moscow fully implements the Minsk agreements. They also discussed ways of greater engagement of the U.S. in the Minsk peace process.

Biden, in turn, reiterated the unchanging position of the United States on non-recognition of the occupation of Crimea.

The parties agreed to continue developing the strategic partnership between Ukraine and the U.S., to which of contribution there will be a visit by U.S. Secretary of State John Kerry to Ukraine in the near future.

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