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Joe Biden And Ukraine Prime Minister Yatsenyuk Discuss Loan Agreement

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US Vice President Joe Biden waves as he greets people during the ceremony after his plane landed at Kiev's airport, Boryspil on July 20, 2009. Biden is on a working visit in Ukraine and then in Georgia amid concern in both nations that their relations with the United States could suffer as US-Russian relations improve. AFP PHOTO/ SERGEI SUPINSKY (Photo credit should read SERGEI SUPINSKY/AFP/Getty Images) | SERGEI SUPINSKY via Getty Images

WASHINGTON (AP) — Vice President Joe Biden and Ukraine's prime minister have spoken by phone in the wake of a preliminary agreement with the International Monetary Fund aimed at stabilizing and growing the Ukrainian economy.

The White House says in a statement that Biden spoke Friday to Ukrainian Prime Minister Arseniy Yatsenyuk (ahr-SEHN'-ee yaht-sehn-YOOK'). The vice president expressed support for finalizing the IMF arrangement as soon as possible.

The IMF has pledged up to $18 billion in loans to Ukraine with the U.S. and other nations providing support. The loans are linked to economic reforms.

In the call, Biden also discussed Ukraine's energy security and said he welcomed preparations for presidential elections in Ukraine next month.

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