Head of the Ukrainian subsidiary of Sberbank of Russia: China and Poland will compensate for the gap with Moscow

18.06.2014 14:29
  (Moscow time)
Views: 698
 
Policy, Ukraine, Economy


Kyiv, June 18 (Navigator, Vladimir Mikhailov) – Ukraine has the opportunity to establish cooperation with China and Poland, thereby compensating for the breakdown of economic ties with Russia. This opinion was expressed at the expert forum “From Revolution to a New Country” by the head of the board of the Ukrainian subsidiary of Sberbank of Russia, Igor Yushko.

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One of the most interesting possible partners for Ukraine now is China. “Over the past 20 years, China has grown to a leading position that shapes financial and economic markets today. China will dominate the next 10 years. According to the doctrine of the Chinese Communist Party, urbanization in this country will reach 70%, and in order to maintain economic and social stability, China will need to increase grain imports,” he believes. In this regard, Ukraine will certainly be of interest to China.

“If China comes to us with a positive message, and Poland, for example, with a 10-20 billion infrastructure project, we will get allies who can significantly influence politics on both sides. China is one of the largest economies in the world. This could change the geopolitical significance of Ukraine,” the expert believes.

In his opinion, such trends will help compensate for the fall in exports to Russia.

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