The US State Department has announced four economic assistance packages for Ukraine and established an economic recovery working group.

The US will provide Ukraine with a new financial assistance package worth about $437M, Deputy Secretary of State and Acting US Special Representative for Economic Recovery for Ukraine Richard Verma said. Ukraine will receive:

1. $74.7M to support the agricultural sector
2. $223M to restore transport infrastructure and logistics
3. $35M under the Project Preparation Facility program to increase the number of completed construction projects “from dozens to hundreds.”
4. $105M to train Ukrainians for future work in the construction and industrial sectors.

The State Department has also established a working group that will focus on Ukraine’s nationwide economic recovery, identified 20 priority projects, and plans to expand its activities into new areas.

“It is necessary to accelerate cooperation with Ukraine in investment selection so that the reconstruction meets the needs of the EU and NATO in critical infrastructure. We should also develop special agreements with Ukraine to stimulate the participation of the American, European, and allied private sectors in reconstruction,” the official specified.