: :inin Kyiv (EET)

China mulls free trade area with Ukraine – Ambassador


China is initiating the establishment of a free trade area with Ukraine, hoping that the Ukrainian side will actively study such possibilities, that`s according to Ambassador of China to Ukraine Du Wei, who spoke at a Kyiv forum on the development of the Silk Road infrastructure project in Ukraine.

”The Chinese side has proposed on a working level an ambitious goal – the establishment of a Ukrainian-Chinese free trade area. We hope that the Ukrainian side will intensify the research on this issue,” the Ambassador said.

As UNIAN reported earlier, China is creating a EUR 10 billion fund for investments in Eastern Europe.

The fund will be created on the basis of the Chinese holding Sino-CEEF, designed to strengthen cooperation between China and the EU.

A number of countries in Central and Eastern Europe, as well as individual companies and financial institutions, have already shown interest in investing in the newly-established fund.

UaPositon

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