Ukraine's Economics Minister Bohdan Danylyshyn and the Director of the USAID Mission to Ukraine, Moldova and Belarus, Janina Jaruzelski, have signed September 25 a memorandum of understanding (MOU) between the Ukrainian and US governments regarding basic directions and objectives of the assistance program from the United States Agency for International Development (USAID) for 2009-2010, the ministry press-service reported.

Danylyshyn noted that the USAID-funded projects are an important instrument of supporting Ukrainian reforms, including strengthening financial sector, developing market-oriented agriculture, supporting small and medium-size business, addressing social problems.

"The conclusion of the memorandum will become a measure needed for gradual development of proper conditions for technical and economic cooperation between Ukraine and USAID in 2009-2010, as well as an active mechanism of attracting and using US technical assistance," the Ukrainian minister said.


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