the WHITE HOUSEPresident Barack Obama

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The White House
Office of the Vice President
For Immediate Release

Readout of the Vice President’s Call with Ukrainian Prime Minister Arseniy Yatsenyuk

Vice President Biden spoke to Ukrainian Prime Minister Arseniy Yatsenyuk today to welcome progress in Ukraine. The Vice President congratulated the Prime Minister on reaching a preliminary agreement with the IMF on a new standby arrangement to stabilize and grow the Ukrainian economy. He expressed support for finalizing the arrangement as soon as possible. Combined with contributions from other international partners, including a $1 billion U.S. loan guarantee, Ukraine will be able to meet its most pressing needs. Vice President Biden emphasized the importance of improving Ukraine’s energy security and pledged to work closely with Ukraine and other countries across Europe to ensure that no country can use energy as a political weapon. The Vice President expressed support for Ukraine moving forward with constitutional reforms in an inclusive process and as defined by the Ukrainian people. Finally, the Vice President welcomed preparations for free and fair presidential elections on May 25 with the support of international observation.