American senators introduced a bipartisan bill to support Ukrainian energy infrastructure and reduce the EU’s dependence on Russia.
US Senators Jim Risch and Robert Menendez announced in a statement on Tuesday that they have introduced legislation to support US investments in Ukraine’s energy infrastructure and boost Eastern European energy security.
YOU MAY ALSO LIKE: Trump Faces Federal Charges Over Attempts To Overturn The 2020 US Election
Markarova noted that “this act is aimed at supporting and developing the energy infrastructure of Ukraine, as well as reducing the energy dependence of EU countries on Russia, improving the diversification of energy sources, etc.”
Markarova stressed that this fully corresponds to the strategic priorities and plans for the reconstruction of Ukraine.
“Energy is one of our five key priorities for rapid recovery, which the US already supports, and we hope will support even more,” Markarova said.
“The Responding to the Energy Security Crisis in Ukraine and Europe (RESCUE) Act will address Ukraine’s urgent fuel needs while helping it reconstruct and modernize its energy infrastructure. It will also provide investment and technical assistance across Eastern and Southeastern Europe to reduce regional reliance on Russian energy resources,” the statement said.
The bill would assist with expanding Eastern European energy between availability, further develop enhancement of energy sources, and addresses human health and nuclear safety concerns in Ukraine, the statement said.
YOU MAY ALSO LIKE: Rep. Tiffany Won’t Run For US Senate In Wisconsin, Leaving An Open Field
“There is authorized to be appropriated $1,880,000,000 for the Secretary of State and the Administrator of the United States Agency for International Development to carry out the programs and functions of this Act,” the statement added.
The majority of the assets ought to be approved for exercises connected with supporting Ukraine’s energy area remaking and modernization as well concerning endeavors to decrease the European Association’s dependence on Russian energy, according to the statement.
