This amount will go to support economic reforms in the country, said Secretary of State Anthony Blinken. From 2014 to 2016, Washington provided Kiev with three loan guarantees in the amount of $1 billion, he recalled.
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The US government offered Ukraine loan guarantees for up to $1 billion, says in a statement by Secretary of State Anthony Blinken posted on the State Department website.
The funds will be used to support economic reforms in the country, which will “strengthen Ukraine’s ability to ensure economic stability, growth and prosperity for the people in the face of Russia’s destabilizing actions,” he said.
Blinken recalled that “in the face of Russian pressure” from 2014 to 2016, Washington provided Kiev with three loan guarantees in the amount of $1 billion, and since 2014, assistance in the amount of more than $2 billion.
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In addition, the US Export-Import Bank intends to provide up to $3 billion to facilitate the purchase of US goods and services for projects in Ukraine, the secretary added.