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Yanukovich: Ukraine regards China as strategic partner

December 05, 2013, 9:57 UTC+3 BEIJING

Chinese side intends to contribute to the growth of Ukrainian export to China

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Ukraine's President Viktor Yanukovich

Ukraine's President Viktor Yanukovich

© ITAR-TASS/Ukraine's Presidential Press Service

BEIJING, December 05, 9:04 /ITAR-TASS/. To Ukraine, China is an important strategic partner, with which Kiev will develop all-round cooperation in trade-and-economic and investment fields, President of Ukraine Viktor Yanukovich said here on Thursday when speaking at a Sino-Ukrainian business forum which is held in the building of the China Association of International Trade (CAIT).

The forum, which is timed to coincide with the Ukrainian President's visit to the People's Republic of China, has drawn about 500 participants representing 130 Ukrainian and 170 Chinese companies. The participants of the forum discuss cooperation between the two countries in energy, air-and-space, agrarian, and other fields.

CAIT Vice-Chairman Zhang Wei said, "China views Ukraine as a springboard for developing its presence investment-wise in Eastern European countries and in the Commonwealth of Independent States". He added that the Ukrainian side "must improve the investment climate for Chinese businessmen".

China, Zhang Wei went on to say, is interested in inputs into the Ukrainian agrarian sector, since a deficit of grain crops has begun to show in China. It is contemplated to reduce that deficit, in particular, resultant of developing grain production in other countries, including Ukraine. China intends to make investments in developing the Ukrainian transport infrastructure, the construction of railways, motor-roads, and airfields, Zhang Wei said.

He added that the Chinese side would contribute to the growth of Ukrainian export to China, promoting at the same time the development of the manufacture of export-oriented commodities which would be in demand on the Chinese market.

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