Showing posts with label $50 million. Show all posts
Showing posts with label $50 million. Show all posts

Tuesday, April 22, 2014

White House releases new assist package for Ukraine

Sevastopol, Ukraine (NASA, International Space...
Sevastopol, Ukraine (NASA, International Space Station Science, 08/05/09) (Photo credit: NASA's Marshall Space Flight Center)
Today the White House announced its new assistance package to the #Ukraine totaling $50 million.  There will be $11.4 million to support the integrity of the May elections, to be used for voter education, transparency and oversight of the election process, and security.  Along with the already signed $1 billion loan guarantee, to help Ukraine fulfill its financial obligations and Ukraine citizens that have been impacted by the economic adjustments, we will provide technical experts from the U.S. Treasury Department to help in the allocation of loans and funds so that all regions of Ukraine will benefit.

Attorney General Holder will co-host an international conference in London April 29-30 to help identify, trace, and recover proceeds of corruption stolen by the former regime.  The United States will provide advice and assistance in the creation of a vetted anti-corruption unit and other U.S. government agencies will help Ukraine meet immediate and longer term energy needs.

U.S. will also provide an additional $8 million of non-lethal military assistance that include supplies of Explosive Ordinance Disposal equipment and hand held radios for Ukraine’s Armed Forces, as well as engineering equipment, communications equipment, vehicles, and non-lethal individual tactical gear for Ukraine’s Border Guard Service.  This is in addition to the $3 million of Meals Ready to Eat and nearly $7 million of health and welfare assistance the United States is already providing to Ukraine.

The White House also announced its intent to set-up a new bilateral visa that will extend the standard validity of visas for businesspeople and tourists from 5 years to 10 years on a negotiated reciprocal basis.