The Agricultural Policy and Food Ministry of Ukraine and the Export-Import Bank of China signed a memorandum of cooperation to support agricultural priority projects.
The memorandum allows Ukraine raising funds in the amount of $ 3 billion to finance specific projects in the agricultural sector, ForUm learned from the Agriculture Ministry press office.
The head of the National Bank of Ukraine Serhiy Arbuzov, who was present at the signing ceremony, underlined the uniqueness of the document both in terms of the sum and its provision conditions.
"China has shown flexibility on this issue, and we are very grateful for that. In our turn, we will not let down and will supply China with the high quality agricultural products," he said.
The head of the Agriculture Ministry also expressed the hope that upon settling all the details, the process will go fairly quickly. He added that according to the memorandum, Ukraine will be able to raise funds to finance specific projects in the agricultural sector.
The Deputy Chairman of the Ex-Im Bank of China Zhu Xinjiang, in turn, stressed that Ukraine is a very good and reliable partner for China. "In recent years our relationship has become very close. So, we are ready to work with you in many directions, especially in agriculture," he said.
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