Business news from Ukraine

UKRAINIAN PM, CHINESE AMBASSADOR AGREE TO HOLD MEETING OF INTERGOVERNMENTAL TRADE COMMISSION IN KYIV IN 2016

26 July , 2016  

KYIV. July 26 (Interfax-Ukraine) – Ukrainian Prime Minister Volodymyr Groysman and Chinese Ambassador to Ukraine Du Wei have discussed practical issues on fostering trade and economic cooperation between the two countries.

The government’s press service reported on Monday that Groysman called for strengthening trade and economic relations, cooperation in the industrial sector, as well as in the investment area.

“We are interested in attracting Chinese investment into Ukraine,” he said.

Groysman said that the Office for Accompanying Investment under auspice of the Prime Minister will be created soon.

“Discussing the issue of full restoration of existing institutional mechanisms of bilateral cooperation, the sides agreed to hold a meeting of the Intergovernmental Trade and Economic Commission by the end of 2016 in Kyiv. Under the proposal of Groysman, a Ukrainian-Chinese business forum will be organized in the framework of this Commission,” the press service said.

Groysman said that “a well prepared session of the Intergovernmental Commission and the business forum could provide the necessary results aimed at enhancing economic cooperation.”

The Ukrainian Prime Minister and the Chinese Ambassador also expressed their support for approving a Ukraine-China Action Plan (the road map) on the joint implementation of the idea to launch the economic belt of the Silk Road as soon as possible.

The prime minister stressed the need to find solutions to the problems in cooperation between the two countries.

Du Wei assured of the willingness of China to develop and deepen cooperation with Ukraine as the strategic character of relations between the two countries requires.