US Gives $2bn To Ukraine As Fighting Continues

Written By Unknown on Rabu, 28 Januari 2015 | 23.11

US Gives $2bn To Ukraine As Fighting Continues

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By Sky News US Team

The US is providing Ukraine with $2bn (£1.3bn) to help with "near-term social spending" in the war-torn country.

The deal came as America and the European Union said they were considering further sanctions on Russia to stop its support for separatists in eastern Ukraine.

After signing the loan guarantees agreement with Ukrainian Finance Minister Natalia Yaresko, US Treasury Secretary Jack Lew criticised "Russian aggression" in the region.

"We remain prepared to do more (on sanctions) if necessary. To that end, we will continue to work with our allies to increase the pressure on Russia," he told reporters at the signing ceremony.

Sanctions could be eased if Moscow abides by the Minsk agreement signed last September, which called for a ceasefire and the withdrawal of Russian fighters and military equipment from Ukraine, he said.

Moscow denies Western and Ukrainian claims it has sent forces into the country.

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  1. Gallery: At Least 30 Dead In Ukraine Rocket Attack

    At least 30 people have been killed and 83 wounded in an attack on a residential area in the port city of Mariupol.

Ukraine's Interior Ministry says long-range rockets were fired on homes, buildings and a busy open air market.

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The attack came after rebels promised to escalate their campaign of violence.

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Separatist leader Alexander Zakharchenko has confirmed they launched the attack on Mariupol on Saturday morning.

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Mariupol, in the Donetsk region, is strategically important because it lies between the Russian mainland and Crimea, which was annexed by Russia in March.

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US Gives $2bn To Ukraine As Fighting Continues

We use cookies to give you the best experience. If you do nothing we'll assume that it's ok.

By Sky News US Team

The US is providing Ukraine with $2bn (£1.3bn) to help with "near-term social spending" in the war-torn country.

The deal came as America and the European Union said they were considering further sanctions on Russia to stop its support for separatists in eastern Ukraine.

After signing the loan guarantees agreement with Ukrainian Finance Minister Natalia Yaresko, US Treasury Secretary Jack Lew criticised "Russian aggression" in the region.

"We remain prepared to do more (on sanctions) if necessary. To that end, we will continue to work with our allies to increase the pressure on Russia," he told reporters at the signing ceremony.

Sanctions could be eased if Moscow abides by the Minsk agreement signed last September, which called for a ceasefire and the withdrawal of Russian fighters and military equipment from Ukraine, he said.

Moscow denies Western and Ukrainian claims it has sent forces into the country.

1/8

  1. Gallery: At Least 30 Dead In Ukraine Rocket Attack

    At least 30 people have been killed and 83 wounded in an attack on a residential area in the port city of Mariupol.

Ukraine's Interior Ministry says long-range rockets were fired on homes, buildings and a busy open air market.

]]>

The attack came after rebels promised to escalate their campaign of violence.

]]>

Separatist leader Alexander Zakharchenko has confirmed they launched the attack on Mariupol on Saturday morning.

]]>

Mariupol, in the Donetsk region, is strategically important because it lies between the Russian mainland and Crimea, which was annexed by Russia in March.

]]>

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