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US gives $1bn to rebuild Georgia | US gives $1bn to rebuild Georgia |
(20 minutes later) | |
The US has announced $1bn (£564m) of aid to Georgia for reconstruction after the conflict with Russia. | The US has announced $1bn (£564m) of aid to Georgia for reconstruction after the conflict with Russia. |
Secretary of State Condoleezza Rice said the aid would be used to rebuild houses and infrastructure - but not for military purposes. | Secretary of State Condoleezza Rice said the aid would be used to rebuild houses and infrastructure - but not for military purposes. |
Georgia has requested $2bn in funding from the international community. | Georgia has requested $2bn in funding from the international community. |
Fighting between Russia and Georgia began on 7 August after the Georgian military tried to retake the breakaway region of South Ossetia by force. | Fighting between Russia and Georgia began on 7 August after the Georgian military tried to retake the breakaway region of South Ossetia by force. |
Russian forces launched a counter-attack and the conflict ended with the ejection of Georgian troops from both South Ossetia and another breakaway region, Abkhazia. | Russian forces launched a counter-attack and the conflict ended with the ejection of Georgian troops from both South Ossetia and another breakaway region, Abkhazia. |
Russia has since recognised the independence of both regions, though no other country has. | Russia has since recognised the independence of both regions, though no other country has. |
Urgent needs | Urgent needs |
"We are responding to what we consider to be urgent needs," said Ms Rice, as she announced the aid package. | "We are responding to what we consider to be urgent needs," said Ms Rice, as she announced the aid package. |
"With our full support and the support of the entire free world, a democratic Georgia will survive, will rebuild and will thrive," she said. | "With our full support and the support of the entire free world, a democratic Georgia will survive, will rebuild and will thrive," she said. |
On Wednesday, the International Monetary Fund (IMF) also announced that Georgia was to receive a $750m (£422m) loan. | On Wednesday, the International Monetary Fund (IMF) also announced that Georgia was to receive a $750m (£422m) loan. |
The IMF agreed in principle to offer the help amid concerns that Georgia's growth would be seriously hampered by the recent war. | The IMF agreed in principle to offer the help amid concerns that Georgia's growth would be seriously hampered by the recent war. |
The US announcement came on the day Vice-President Dick Cheney began a visit in the region - but not Russia. | The US announcement came on the day Vice-President Dick Cheney began a visit in the region - but not Russia. |
In Azerbaijan, he said he was bringing "a clear and simple message for the people of Azerbaijan and the entire region: the United States has a deep and abiding interest in your well-being and security". | In Azerbaijan, he said he was bringing "a clear and simple message for the people of Azerbaijan and the entire region: the United States has a deep and abiding interest in your well-being and security". |
Mr Cheney will next go to Georgia and Ukraine. | Mr Cheney will next go to Georgia and Ukraine. |
In Georgia, he is expected to stress US support for President Mikhail Saakashvili - the man the Kremlin dismissed on Tuesday as a "political corpse" whose leadership it did not recognise. | In Georgia, he is expected to stress US support for President Mikhail Saakashvili - the man the Kremlin dismissed on Tuesday as a "political corpse" whose leadership it did not recognise. |
Russia's President Dmitry Medvedev has also accused the US of helping Tbilisi build its war machine and called on America to review its relations with the Georgian authorities. | Russia's President Dmitry Medvedev has also accused the US of helping Tbilisi build its war machine and called on America to review its relations with the Georgian authorities. |
European Union leaders have agreed to suspend talks on a new partnership agreement with Moscow until Russian troops have withdrawn from Georgia. |