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  • Stepan Kubiv inked an Agreement between the Government of Ukraine and the Government of the United States on allocating an additional USD 54 million technical assistance for holding reforms in Ukraine
    posted 15 March 2017 13:19

    On March 14, on behalf of the Government, First Vice Prime Minister of Ukraine/ Minister of Economic Development and Trade Stepan Kubiv signed a series of agreements with the Government of the United States aimed to support measures directed to sustainable economic development and improving transparency of governance in Ukraine.

    Signing of the two documents targets increasing volumes of international technical assistance from the Government of the United States to the tune of USD 54 million. Thus, under the terms of the aforesaid Agreements the sum of the assistance will total USD 123 million.

    The First Vice Prime Minister thanked the US Government for the unwavering support for Ukraine as well as for significant contribution to economic and social development of Ukraine during 25 years.

    “The assistance is also of paramount importance as it is aimed at supporting topical reforms undertaken by Ukraine, in particular: the enhancing fiscal transparency in the energy sector, the functioning of an independent and transparent justice; transparency and accountability of the public governance and services; the development of agricultural production", underlined Stepan Kubiv.

    In her turn Marie Yovanovitch, the Ambassador Extraordinary and Plenipotentiary of the United States of America to Ukraine stressed that together with financial support the Agreement also demonstrated the powerful partnership between Ukraine and the United States.

    “Cooperation with Ukraine includes not just the financial aspect, as it is the proof of the willingness to cooperate to support democracy, sustainable development of Ukraine, which are based on fundamental European values. The additional technical assistance will help Ukraine to implement important steps towards the prosperity of Ukraine that it deserves”, stressed Marie Yovanovitch.

    Marie Yovanovitch also stressed on a peculiar role of Prime Minister of Ukraine Volodymyr Groysman as well as Stepan Kubiv and the Ministry of Economic Development of Ukraine in building solid international partnership to prolong topmost reforms in the Ukrainian economy.

    USAID Regional Mission Director to Ukraine Susan Fritz and USAID Acting Assistant Administrator Margot Ellis attended the signing ceremony.