Poroshenko agreed with Biden about a tranche of $1 billion “in the near future”


President of Ukraine Petro Poroshenko discussed by phone with the Vice President of USA Joe Biden the new Ukrainian government, the fight against corruption and reforms, the press service of the President of Ukraine. The report notes that politicians agreed to conclude “in the near future” an agreement on a new tranche of credit guarantees from the United States.

“In this context, Vice President Biden assured that the U.S. will continue to support Ukraine. In particular, it was agreed that in the near future will be signed an agreement on the allocation of the third tranche of credit guarantees in the amount of 1 billion USD”, — stated in the message the press service of Poroshenko.

It also notes that Biden welcomed the formation of a new coalition and government headed by Volodymyr Groisman, and Poroshenko, in turn, said that the new Cabinet “will continue the reforms, will actively cooperate with the IMF and to implement the Minsk agreements”.

In January 2015, Ukraine and the USA signed an agreement on granting Kyiv credit guarantees for a total of $2 billion Later, U.S. Treasury Secretary Jacob Lew said he will ask Congress to allocate another $1 billion, if Ukraine will not go the way of reforms.

In late March of this year, Poroshenko and Obama met during the nuclear security summit in Washington. During the conversation with Obama Poroshenko confirmed its readiness to provide Ukraine the third tranche of credit guarantees in the amount of $1 billion, said the press service of the Ukrainian leader.