: U.S. specifies financial guarantee conditions for Ukraine

15:20 Apr. 27, 2016

U.S. specifies financial guarantee conditions for Ukraine

Assistant Secretary of State for European and Eurasian Affairs at the United States Department of State, Victoria Nuland attends a meeting in Kyiv, Ukraine, on April 26, 2016 (Getty Images)

Victoria Nuland says America will only provide help after Ukrainian government conducts steady reforms

According to a press-release by the Ukrainian Cabinet of Ministers, Assistant Secretary of State for European and Eurasian Affairs Victoria Nuland during the meeting with the Prime Minister of Ukraine Volodymyr Groysman confirmed willingness of the U.S. to provide financial guarantees to Ukraine if the latter conducts the reforms agreed upon with the IMF.

"The Assistant Secretary reaffirmed the readiness of the U.S. to give another package of financial guarantees to Ukraine after adopting the draft laws that are crucial for continuing the reforms, and which had been agreed upon with the International Monetary Fund", the statement reads.

Read also U.S. insists on 'special status' for militant-held Donbas

Nuland claimed that "Ukraine has proved a great progress but a lot of work is still ahead".

Nuland and Groysman also talked about the progress of the Minsk agreements implementation.

Read also U.S., EU reiterate Russia must implement Minsk accords

Moreover, the Assistant Secretary congratulated Groysman with his appointment to the post of the Prime Minister and expressed her support for the new government in conducting the necessary reforms in economic, energy and social spheres as well as fighting corruption.

Earlier, President of the U.S. Barack Obama stated the intent to provide loans to Ukraine worth about 1 billion dollars.

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