Business news from Ukraine

China intends to increase grain imports from Ukraine

27 July , 2024  

China intends to increase grain imports from Ukraine and will support the smooth operation of logistics channels, assured Foreign Minister of the People’s Republic of China (PRC) Wang Yi at a meeting with Ukrainian Foreign Minister Dmytro Kuleba.
“In recent years, China has been Ukraine’s largest trading partner and largest exporter of agricultural products. The volume of bilateral trade has shown rapid growth in the first half of this year, demonstrating the space and potential for cooperation between the two countries,” the Chinese Foreign Ministry’s press service quoted him as saying.
The Chinese minister emphasized that both sides should fully realize the role of the cooperation mechanism and strengthen practical cooperation in various fields.
“China will continue to expand grain imports from Ukraine and jointly maintain uninterrupted logistics channels and international food security,” Wang Yi assured.
“Ukraine hopes to jointly implement the important consensus reached by the two heads of state, strengthen political mutual trust, intensify cooperation in various fields such as economy, trade and agriculture, and strengthen exchanges between local sister cities,” the Ukrainian Foreign Minister said.
Kuleba assured that Ukraine highly appreciates China’s positive and constructive role in ensuring peace and maintaining international order. Ukraine also attaches great importance to China’s opinion on the political settlement of the Ukrainian crisis.
Ukraine is willing and ready to engage in dialogue and negotiations with Russia. Of course, the negotiations should be reasonable and substantive, aimed at achieving a just and lasting peace,” the Ukrainian minister summarized.

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