US is ready to help Ukraine to regain stolen assets and to combat corruption. Meeting with representatives of the Kiev public today, US Vice President Joe Biden said that his country is ready to assign 15 million dollars to Ukraine for these purposes. “Later this month the US Attorney General, who will be one of the organizers of the international forum, will discuss the return of stolen assets,” Biden said.
He also stressed the importance of waging an effective fight against corruption in Ukraine. “The Ukrainian people have got tired of large-scale stealing committed by the members of government. We have welcomed the adoption of the law on state purchasing. There are some other bills, which are being currently considered by the Verkhovna Rada and which you should approve. All of them are aimed at combatting corruption,” Biden said.
Earlier today the US Vice President raised the issue of combating corruption during his meetings with the Verkhovna Rada deputies and presidential candidates, and also with the Verkhovna Rada –appointed Prime Minister of Ukraine Arseniy Yatsenyuk.
Washington will provide Ukraine with a new $50 million aid package to help with economic and political reforms, the White House told Reuters during a visit to Kiev by Vice President Joe Biden Tuesday. The United States offered an additional $8 million in non-lethal military assistance, including radios and vehicles, according to a statement issued by Biden’s staff in Kiev.
“The United States is committed to ensuring that Ukrainians alone are able to determine their country’s future without intimidation or coercion from outside forces,” the statement said. Last week, the US signed a $1 billion loan guarantee for Ukraine in support of its economic recovery.
Russian President Vladimir Putin earlier called Washington’s offer “worthless” as there were no banks willing to finance the recovery of crisis-hit Ukraine.
Kiev currently owes Moscow some $35.4 billion, which was provided over the last four years as a subsidy via gas discounts.
Russian Finance Minister Anton Siluanov said Russia hopes Ukraine will fulfill all of its debt obligations.
Moscow made a crucial decision to invest a hefty $15 billion in Ukrainian Eurobonds late last year, disbursing the first tranche of $3 billion in December.
Moscow and Kiev also agreed to steeply cut gas prices for Ukraine in an effort to boost the country’ sluggish economy.
The cash injections and discounts were frozen following a coup amid violent protests that led to far-right parties gaining key positions in the new government.
Ukraine went through a regime change on February 22, which saw the ouster of President Viktor Yanukovych and the rise of Western-backed ultra-nationalistic activists to power in Kiev.
Moscow and several regions in Ukraine have not acknowledged the legitimacy of the new authorities and have condemned its nationalistic policies threatening the Russian-speaking population of the country.
US Vice President Joseph Biden believes that Russia should also take part in the activities of the mission of Organization for Security and Co-operation in Europe (OSCE) in eastern Ukraine.
It is necessary that Russia’s representatives join OSCE observers, which are currently in Ukraine’s east, in order to implement the Geneva accords, clear buildings, disarm and provide amnesty, Biden believes.
The United States and international community will never recognize the incorporation of Crimea into Russia, said US Vice President Joseph Biden. No nation has the right to just grab the land of another nation, and we shall never recognize the illegal occupation of Crimea by the Russians. The world will not recognize it either, Biden told a press conference held jointly with Ukrainian Prime Minister Arseniy Yatsenyuk in Kiev.