China is Interested in Increasing Supplies of Ukrainian Grains and Legumes

Friday, June 11, 2021
China is Interested in Increasing Supplies of Ukrainian Grains and Legumes

China is interested in increasing the supply of Ukrainian products, the Ministry of Economy said following a meeting between first deputy prime minister, Oleksiy Lyubchenko and the Chinese ambassador to Ukraine Fan Sanjnzhui

"Today we heard from our Chinese partner's confirmation of interest in deepening economic cooperation, increasing exports of Ukrainian agricultural products, building infrastructure and implementing joint investment projects in transport, construction, energy, IT and other areas," the press service of the ministry quotes Oleksiy Lyubchenko.

According to the report, the meeting was also attended by deputy minister Volodymyr Grinyuk and deputy minister-trade representative of Ukraine Taras Kachka, as well as representatives of the leadership of the PRC Embassy in Ukraine.

The parties also noted the importance of signing in the near future an Intergovernmental agreement on deepening cooperation in the construction of infrastructure, the ministry said.

"This step will allow starting preparatory work for the launch of investment projects, including the construction of the M-22 Poltava-Alexandria road and the first part of the Kyiv ring road, which will cost about $ 1.1 billion," the ministry said. 

It is also important to continue work on the development of freight traffic in the direction of China - Western Europe through the territory of Ukraine, the release notes.

In addition, the Chinese side stressed the importance of the implementation of the intergovernmental initiative of Ukraine and the PRC One Belt - One Road. It is about preparing a roadmap for the implementation of a program of cooperation between the two countries within the framework of the joint construction of the Silk Road Economic Belt and 21st Century Maritime Silk Road, the ministry added.

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