The Economic Security Bureau of Ukraine and the Office of Inspector General of the United States Agency for International Development (USAID OIG) have signed a Memorandum of Cooperation on preventing fraud, corruption, and other offenses related to the use of international assistance provided to Ukraine.
The parties agreed to enhance coordination in detecting and preventing the misuse of international assistance funds. In particular, the Memorandum provides for information sharing, joint measures to counter fraud and corruption, as well as mutual notification of audits and investigations within the scope of each party's mandate.
"International assistance must serve Ukraine's recovery and development. Our task is to minimize the risks of misuse of these resources. Cooperation with the USAID Office of Inspector General will help strengthen this effort," said Oleksandr Tsyvinskyi, Director of the Economic Security Bureau of Ukraine.
In addition, the Memorandum provides for regular inter-institutional consultations to identify priority areas of cooperation, the possibility of conducting joint audits, as well as participation in joint training and professional development activities.
The Economic Security Bureau of Ukraine expresses its gratitude to its American partners for their support of Ukraine and their readiness to share expertise.