Daily Archives: February 26, 2014

The Reason Why

A group of U.S. experts has arrived in Ukraine to hold consultations on immediate economic reforms, U.S. Deputy Secretary of State William Burns has said.

He said that in Kyiv he was accompanied by a team of economic experts from the U.S. Treasury Department and the White House, and that after his departure on Wednesday they would remain in the city to continue bilateral consultations, the press service of the U.S. Embassy in Ukraine said.


On the economic side, the reality is that the new government that will be formed will inherit an economic mess. It’s a reality that Ukraine has always had a great deal of economic potential, but it’s also a reality that its business climate has never matched that potential. That can change. It is possible to realize that potential. It is possible to fight corruption and all the other impediments to realizing that potential. We recognize that that effort will require and deserves support from the friends of Ukraine like the United States, like the European Union, like the IMF. And we’re working quite practically and quite intensively to be ready to provide that support.

U.S. Deputy Secretary of State William Burns