The World Forum - July 24th, 2024

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U.S. to provide $1.3 bln of additional aid to Ukraine


The United States will send $1.3 billion more in aid to Ukraine to help the conflict-hit country overhaul its energy grid and modernise its ports, railways and other infrastructure, U.S. Secretary of State Antony Blinken said on Wednesday.

Of that amount, $520 million will go towards helping Ukraine overhaul its battered energy grid, while $657 million will be used to help modernise its border crossings, ports, rail lines and other critical infrastructure, Blinken said.

About $100 million will be used to help digitise Ukraine's customs and other systems "to boost speed and to cut corruption" and another $35 million to help Ukrainian businesses through financing and insurance.

The new aid comes on top of more than $20 billion in economic and development assistance the United States has provided to Ukraine, Blinken said.