US to Send Ukraine $53 Million to Help Repair Electrical Grid

US to Send Ukraine $53 Million to Help Repair Electrical Grid

The US is giving Ukraine more than $53 million to help repair electrical infrastructure damaged by Russian attacks in recent weeks, Secretary of State Antony Blinken announced Tuesday.

The package will help Ukraine buy transformers, circuit-breakers, vehicles and other equipment, Blinken announced Tuesday on the margins of a NATO foreign ministers’ gathering in Bucharest. The US wants to get the equipment to Ukraine quickly to restore power as winter sets in.

Tuesday’s allocation follows a previous package of $55 million to fund generators and other equipment to restore power and heat to areas targeted by Russia.

Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm
Subscribe to our newest channel Quicktake Explained: https://bit.ly/3iERrup

Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world.

To watch complete coverage on Bloomberg Quicktake 24/7, visit http://www.bloomberg.com/qt/live, or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app.

Have a story to tell? Fill out this survey for a chance to have it featured on Bloomberg Quicktake: https://cor.us/surveys/27AF30

Connect with us on…
YouTube: https://www.youtube.com/user/Bloomberg
Breaking News on YouTube: https://www.youtube.com/c/BloombergQuickTakeNews
Twitter: https://twitter.com/quicktake
Facebook: https://www.facebook.com/quicktake
Instagram: https://www.instagram.com/quicktake

Source: Bloomberg Quicktake: Now

Subscribe

Don't miss a market-moving update!

Please wait...

Thank you for subscribing! 

Responses

Your email address will not be published. Required fields are marked *