Bussiness
US announces over $700 mn in aid for Ukraine’s energy grid, other projects
US Secretary of State Antony Blinken announced more than $700 million in aid for Ukraine Wednesday during a visit to Kyiv, aiming to bolster the energy grid that Russia has repeatedly pounded ahead of an expected difficult winter.
At a news conference with Ukrainian Foreign Minister Andrii Sybiha and British Foreign Secretary David Lammy, Blinken said the assistance also would provide humanitarian support and pay for demining operations.
The $325 million in energy support in the package will help repair and restore Ukraine’s power generation facilities, provide emergency backup power and strengthen the physical security of energy infrastructure.
Some $290 million will fund food, water, shelter, health care and education programs for Ukrainians in need in the country and refugees outside the country. The remaining $102 million will be used for mine-removal activities.
Late last week, the US announced it was sending $250 million more in weapons to Ukraine, including air defence missiles and artillery.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
First Published: Sep 11 2024 | 11:17 PM IST