GERMAN FOREIGN MINISTER IN UKRAINE. Klaus Kinkel arrived in Kyiv on 29 July for two days of talks with President Leonid Kuchma, Prime Minister Valery Pustovoitenko, and Foreign Minister Hennady Udovenko, dpa reported. Kinkel is scheduled to visit NATO's information center in Kyiv, the new premises of the German embassy, and a Protestant Church. He is accompanied by a business delegation that will meet with senior government officials. The two sides will also discuss the issue of trophy art taken to Ukraine by the Soviets after the end of World War II.
UKRAINE, IMF REACH TENTATIVE STAND-BY AGREEMENT. Goohoon Kwon, the IMF's resident representative in Kyiv, says an agreement has been reached in principle with Ukraine on a temporary loan, Reuters reported. The agreement is tentative and subject to the approval of the IMF board. Kwon did not say how much the one-year loan is worth, but Ukrainian officials have said it will total $750 million. Ukraine's last stand-by agreement with the IMF expired in February. The agreements are seen as a temporary measure until Kyiv fulfills conditions to qualify for a three-year credit valued at between $2.5 billion and $3 billion.