China has signed an agreement with Ukraine on cooperation and donation of aid worth 50 million Yuan ($8 million) to mitigate consequences of emergencies.
“The governments of Ukraine and China signed an agreement on economic and technical cooperation. It will make possible to use donated assistance in the amount of 50 million Yuan from the Government of China for implementation of priority projects of the Ukrainian partner,” the statement said.
It was also noted that the agreement provides for such projects to be agreed by signing additional intergovernmental agreements. It is expected that Chinese funds will be used to support healthcare, education and mitigation of emergency consequences projects.
The agreement was signed on January 27. Deputy Minister of Economic Development and Trade Minister Ihor Veremey was a signatory from the Ukrainian side and Ambassador Extraordinary and Plenipotentiary of the People’s Republic of China to Ukraine Zhang Siyun was a signatory for China.
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