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US to give $1 bn of financial guarantees to Ukraine — Poroshenko

Ukrane will receive $1 bln. of financial guarantees in addton to the $240 mln. already allocated

Petro Poroshenko and Barack Obama EPA/Olivier Douliery / POOL

Petro Poroshenko and Barack Obama

© EPA/Olivier Douliery / POOL

KIEV, September 19. /ITAR-TASS/. The ceasefire in eastern Ukraine should transform into firm peace, President Petro Poroshenko said after a meeting with his US counterpart Barack Obama.

"We really hope that the ceasefire, which already lasted for 12 days, will transform into a real peace," Poroshenko said.

Ukrainian president also noted that the country would receive practical aid in addition to that already transferred. That is $240 mln. already allocated and $1 bln. of financial guarantees.”

Ukraine will launch a special program of political insurance of American investments in Ukraine's economy, Poroshenko said. Details of this program were not disclosed.

Meanwhile, the Ukrainian leader said that Washington would send its observers to early parliamentary elections due in Ukraine on October 26.

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Ukraine crisis Pyotr Poroshenko

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