Washington had promised the aid last November but made it contingent on Kiev continuing to push reforms, which had been derailed by months of political turmoil.
The signing comes a day after the Ukrainian parliament passed legislation aimed at tackling entrenched corruption in the judicial system. “The $1 billion loan guarantee will help support the Government of Ukraine as it continues to implement its economic reform agenda,” U.S. Ambassador Geoffrey Pyatt said in a statement.
Ukraine is still in negotiations with the International Monetary Fund for the third tranche of a bailout deal worth $1.7 billion.
Updated At 5:18 pm 3/ june /Delhi/India