Australia to spend millions on Ukraine

During a state visit to Australia on December 11, President of Ukraine Petro Poroshenko conducted a meeting with Australian Prime Minister Tony Abbott.

The politicians discussed the future of cooperation in the energy sector, namely, the possibility to use Australian uranium for Ukrainian nuclear power plants, the press service of the President of Ukraine said. 

Abbott said that Australia would provide financial assistance to Ukraine within the framework of the IMF. It goes about the amount of $100 million.

Australia will also allocate more than $2 million to help the Armed Forces of Ukraine.

Australian Prime Minister Abbott confirmed the intention of Australian authorities to continue to support Ukraine.

Australia plans to open an embassy in Ukraine in February next year, Prime Minister Tony Abbott said during the bilateral meeting with the President of Ukraine Petro Poroshenko.

"We have a temporary diplomatic mission in Kiev, and we are planning to open a permanent embassy in February next year," said Abbott.

Poroshenko, in turn, invited the Australian Prime Minister to visit Ukraine next year. 

Ukrainian President Petro Poroshenko arrived in Australia on December 10, TASS reports. During his visit to the continent, he will visit Melbourne, Canberra and Sydney.