Poroshenko sells Ukraine's independence for $1 billion

US Vice President Joseph Biden held a meeting with Ukrainian President Petro Poroshenko.

President of Ukraine Petro Poroshenko and Vice President Joseph Biden agreed on the signing of the agreement for the third tranche of credit guarantees worth one billion dollars, the Izvestia newspaper wrote.  

Biden also had a telephone conversation with new Ukrainian Prime Minister Vladimir Groisman. The US Vice President congratulated Groisman on his appointment.

According to Biden, to continue efforts for the international support of Ukraine, the new team must quickly advance the reform agenda, including the execution of obligations for the International Monetary Fund. Ukraine also needs to implement regulations of the Minsk Accord and appoint a new reformist Attorney General.

Prior to the meeting, US Vice President Joseph Biden said that Ukraine may receive $1 billion after the new government is formed based on collaboration with the IMF. 


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