June 2 2014, 10:30 Source: APK-Inform Views: 1183

Gosinvestproject plans to increase investments from China to Ukraine by 100%

The State Agency for Investment and National Projects of Ukraine plans to increase direct investment inflows from China to Ukraine by 100% during one year, declared Serhiy Yevtushenko, Head of the Agency, on May 30.

"Cooperation and partnership with the People's Republic of China is a strategic priority for the Ukrainian side. In 2013, the trade turnover between our countries amounted to $10.6 billion and it has increased for more than $6 billion for the last 5 years. However, there is a considerable disproportion between the trade volume and China's direct investment in Ukraine. They are only $21 million at the beginning of the year. This is the reason why we are interested in the Chinese companies, which are already working with Ukraine and are our long-term partners. And we want them to come to our national market with their own production", - noticed the Head of the Agency.


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