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Ukraine president promised US aid to raise funds on capital markets

Petro Poroshenko met Barack Obama in Washington DC
Petro Poroshenko met Barack Obama in Washington DC

Ukrainian President Petro Poroshenko has said in a tweet that the United States had promised $1bn (€775m) in financial guarantees for Kiev to raise funds on the capital markets.

On his visit to the US, Mr Poroshenko secured $53m (€41m) in financial assistance, however, failed to convince the US to provide Ukraine weapons to fight pro-Russian separatists.

In the first half of this year, Ukraine borrowed $1bn on capital markets under a similar US guarantee.    

After a visit to Washington Mr Poroshenko tweeted about the agreement.