Ukraine wants to borrow $7 billion from China
The Cabinet of Ministers of Ukraine intends to conclude a framework loan agreement with China on a number of infrastructure projects worth a total of $7 billion, a PolitNavigator correspondent reports.
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This was announced by Deputy Minister of Infrastructure of Ukraine Viktor Dovgan during the presentation of the China international Import Expo exhibition project, the Government Portal reports.
“The government aims to make an official proposal to the Chinese Ministry of Economy regarding the conclusion of a framework loan agreement for a number of projects for approximately $7 billion between China and Ukraine,” Dovgan said.
He also noted that contracts worth 200 million euros have already been signed with two Chinese companies for the construction of roads in Ukraine in 2018, and a contract is also expected to be signed regarding the construction of a bridge near Kremenchug.
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