Ukraine and China
mark the 25th anniversary of the establishment of diplomatic relations and
transfer to a new strategic level of cooperation envisaging the implementation
of joint projects for a total of about USD 7 billion. Appropriate agreements were reached during
a meeting of Prime Minister of Ukraine Volodymyr
Groysman and Vice-Premier of the State Council of
the People’s Republic of China
Ma Kai. The meeting was
held in the
framework of the third session
of the Commission
on bilateral cooperation between the Governments of Ukraine and
the People's Republic of China.
The Head of
Government congratulated the participants of the meeting on the completion of
crucial negotiations aimed to enhance the comprehensive collaboration between the
been and still remains our strategic partner and our strategic priority. And today, we
are opening up new opportunities
for deepening our partnership and re-launching the implementation of joint projects
and initiatives", said Volodymyr Groysman.
In response, Ma
Kai emphasized that China pays great attention to cooperation with Ukraine,
both in the political plane and in the sector of bilateral trade and economy. "We believe that
we are united
in this regard.
Hence, we express
readiness to encourage and boost
our cooperation," emphasized Vice-Premier of China Ma Kai.
The parties noted
that China has always demonstrated strong support for Ukraine and enters the
top three trading partners of our country. During 9 months of 2017, trade turnover between the countries has
increased by 14.5% - up to USD 5.6 billion. For its part, Kyiv is pursuing the chosen path of internal
reforms aimed at leveraging investment from China into the agricultural sector,
industry, banking, and joint implementation of large-scale logistics and infrastructure
projects both of the continental,
in particular The Belt and
Road Initiative, and local significance.
Kyiv counts on
the active participation of Chinese investors in the major privatization of
Ukrainian assets. Volodymyr
Groysman also announced that the year of
2019 would be declared The Year
of China in Ukraine.
open up new opportunities for investment, including through the adoption of new
legislation framework on privatization, concession. In doing so,
we shall create a tool for
raising capital in Ukraine. Moreover, we possess
sufficient human resources and technology
development opportunities, so we can
talk about joining efforts to strengthen common
positions in the world market,"
urged Volodymyr Groysman, "Ukraine reiterates its commitment to be
a reliable partner in cross-border projects, primarily, in logistics domain.
We are open
to cooperation and elaboration of initiatives that would be
included in the overall strategy
for the development
of the aforesaid
of the State Council of China welcomed the striving of Ukraine to actively
engage in the implementation of international projects, as well as to create
the maximum favorable business climate to bolster entrepreneurship development.
our part, we are keen on encouraging investments, thus it will contribute to
the restoration of Ukraine's economy. So, we propose to step up our cooperation
on the international project "One Belt - One Road" and, in this
context we consider Ukraine as one of the logistics and industrial hubs on the
way to the European Union, and we also hope to resume work on our joint
infrastructure projects. The spectrum of our interaction is not limited to the
agricultural sector or the construction of infrastructure objects. We are also
interested in technological cooperation, the creation of industrial parks, and
cooperation in the field of aircraft engineering, space exploration and
energy," stressed the Vice-Premier of the State Council of the People's
Republic of China.
The Head of
Ukrainian Government thanked the Chinese side for the proposals and assured
that the potential of cooperation between the states is really significant.
"We are ready to work out different incentives and promote their
implementation. There are plenty of plans, opportunities even more, so we must
be responsible to address the tasks that we outlined", he claimed.
outcomes of the third session of the China-Ukraine Intergovernmental Commission
on Cooperation a number of documents were signed. Among them are: an Action
Plan on jointly building the Silk Road Economic Belt and the 21st-Century
Maritime Silk Road, Memorandum of Understanding on Energy Efficiency, Renewable
Energy and Alternative Fuels between the State Agency for Energy Efficiency and
Energy Saving of Ukraine and National
Energy Administration of China, Program of Cultural Cooperation between the
Ministry of Culture of Ukraine and the Ministry of Culture of the People's Republic
of China for 2018-2022, Agreement between the Ministry of Education and Science
of Ukraine and the Ministry of Education of the People's Republic of China on
cooperation in education area, Memorandum on cooperation in the field of health
and medical science between the Ministry of Health of Ukraine and the National
Health and Family Planning Commission of the People's Republic of China, The
Program of Ukrainian-Chinese Investment Cooperation in the agro-industrial
complex between the Ministry of Agrarian Policy and Food of Ukraine, the Ministry
of Economic Development and Trade of Ukraine, the Ministry of Agriculture of
the People's Republic of China and the Ministry of Commerce of the People's
Republic of China.
the structure of Ukrainian exports to China is dominated by the supply of ore,
slag and ash, fats and oils of animal or vegetable origin, cereals and the
like. Total exports for 9 months of this year amounted to USD 1.5 billion.
there have been signed 14 agreements between China and Ukraine, which stipulate
the provision of free assistance to Kyiv. Its volume reached 470 million
Chinese Yuan (more than USD 70 million).
the second largest economy in the world after the United States, which has the
world's largest growth of 6.7%. Total turnover of China is almost USD 3
trillion per annum, and the volume of foreign investments in the economies of
third countries in the year 2016 amounted to USD 170 billion.