The United States will ship $1.3 billion extra in assist to Ukraine to assist the conflict-hit nation overhaul its power grid and modernise its ports, railways and different infrastructure, U.S. Secretary of State Antony Blinken mentioned on Wednesday.
“Recovery is about laying the foundation for Ukraine to thrive as a secure, independent country, fully intergrated with Europe, connected to markets around the world,” Blinken instructed the Ukraine Recovery Conference in London.
“With the support of the U.S. Congress, we will provide more than $1.3 billion in additional aid to help Ukraine toward that goal.”
Of that quantity, $520 million will go in the direction of serving to Ukraine overhaul its battered power grid, whereas $657 million can be used to assist modernise its border crossings, ports, rail traces and different important infrastructure, Blinken mentioned.
About $100 million can be used to assist digitise Ukraine‘s customs and different techniques “to boost speed and to cut corruption” and one other $35 million to assist Ukrainian companies via financing and insurance coverage.
The new assist comes on prime of greater than $20 billion in financial and growth help the United States has supplied to Ukraine, Blinken mentioned.
Source: www.anews.com.tr
