$400 million in aid from Saudi Arabia to Ukraine

Following the surprise visit of Saudi Arabian Foreign Minister Faisal bin Farhan to Ukraine, kyiv and Riyadh signed an agreement worth $400 million.

During his visit to Kiev, Prince Faisal bin Farhan met with Ukrainian President Vladimir Zelenskiy, Ukrainian Chief of Staff Andriy Yermak, Ukrainian Foreign Minister Dmytro Kuleba. The Saudi prince became the highest-ranking Saudi official to visit Ukraine in 30 years.

The agreements set out the terms for spending $400 million on humanitarian aid, the prince told reporters. The Saudi government committed this aid to Ukraine last October.

EXPLANATION FROM kyiv

Andriy Yermak, Head of the Office of the President of Ukraine, announced on social media that Saudi Arabia will provide $400 million in aid to Ukraine.

“During the visit, two documents were signed formalizing the provision of humanitarian aid to Ukraine for $100 million and a total of $400 million in petroleum products,” Yermak said in his post.

USA SATISFIED

The agreement is also critical for the United States. For some time, Saudi Arabia has been accused by the United States of acting in conjunction with Russia. While the Gulf country led the OPEC+ group with Moscow, Washington argued that production cuts were bad for the global economy.

“We welcome the visit of the Saudi Foreign Minister to Kiev today and the agreements reached to provide more than $400 million worth of energy and other essential supplies,” said Adrienne Watson, spokesperson for the House National Security Council. White. It is an important step,” she said.

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