Russian servicemen to take part in joint drills in Mongolian desertMilitary & Defense August 17, 8:22
Russia’s UN envoy notes good sign in conciliatory language used by US and North KoreaRussian Politics & Diplomacy August 17, 2:40
Proton-M carrier rocket with defense satellite launched from Baikonur space centerScience & Space August 17, 1:44
Russian diplomat suggests Barack Obama read Nelson Mandela’s words about GaddafiRussian Politics & Diplomacy August 17, 1:01
Russian, Indian students creating friendship satelliteScience & Space August 16, 21:46
Zenit St. Petersburg loses 0:1 against FC Utrecht in first leg of Europa League play-offSport August 16, 21:34
Saakashvili plans to return to Ukraine on September 10World August 16, 21:23
Russian diplomat concerned over US and North Korean aggressive statementsRussian Politics & Diplomacy August 16, 20:32
Diplomat says US-made chemical weapons found in Syria prove West’s support for terroristsRussian Politics & Diplomacy August 16, 20:14
KIEV, September 21. /TASS/. Washington is ready to provide loan guarantees worth $1 bln to Kiev, US Vice President Joe Biden said during the talks with President of Ukraine Pyotr Poroshenko, the press service of the Ukrainian government reported.
The talks were held on the sidelines of the 71st session of the UN General Assembly in New York.
"Vice President Biden informed about the readiness to grant $1 billion of loan guarantees to Ukraine, because Ukraine has fulfilled all the necessary conditions," according to the statement.
In this context, Poroshenko stressed the importance of the fact that the IMF had granted the third tranche to Ukraine. He added that Kiev was determined to continue with reforms.
The two parties also discussed the situation in the East of Ukraine (Donbass region) and the process of implementation of the Minsk agreements. Poroshenko and Biden agreed to intensify diplomatic efforts in this direction.
In early September, Finance Minister of Ukraine Aleksandwr Danilyuk said that Washington might provide new loan guarantees in the amount of $ 1 billion to Kiev before the end of the month.
In 2014 and 2015, Ukraine received loan guarantees in the amount of $ 2 billion from the US.
Last week, the IMF Board of Directors, after a long pause, which was more than a year, resumed its lending program to Ukraine and decided to allocate the third tranche worth $1 billion to Kiev.
Before the end of the year Kiev hopes to receive one more tranche from the IMF. The amount of the new tranche may reach $1.3 bln.