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Ukrainian delegation signs over 20 agreements in China - Sergei Arbuzov

KIEV, December 09, 1:11 /ITAR-TASS/. The Ukrainian delegation in China has signed more than 20 agreements, which furnishes a basis for implementing a whole lot of large-scale Ukraine-China projects, Sergei Arbuzov, First Vice-Premier, told the "Ukraine" television and radio company channel in a live broadcast on Sunday night.

"Within the framework of the (Ukrainian president's) visit, 22 agreements have been actually signed," Arbuzov said. "The most interesting of these is, first of all, a joint mortgage lending (agreement) for $15 billion for a term of 15 years. I think this is an unprecedented accord".This project will make it possible to solve many a problem of the building sector of Ukraine, Arbuzov pointed out. He also announced the granting of credits by China in the energy sector to the tune of $3 billion, and big investments by the People's Republic of China in Ukraine's agricultural projects.

The recent tour by the Ukrainian delegation to China resulted also in finalizing the coordination of matters concerning a joint project to build a deep water seaport in the Saki District of Crimea. The port complex will include a container terminal and those for grain and bulk cargoes. The port's total cargo handling capacity is to be about 140 million tonnes a year.

Arbuzov said Ukraine now lacks analogues of such ports. It is contemplated that ships "of any deadweight" will be able to call there and "it will be possible to carry out container discharging operations". "A technological park will be built around the port.... This is an unprecedented opportunity for the country and it is also one of projects in which no State guarantees are required," Arbuzov emphasized. He pointed out that this and other agreements would secure a considerable influx of investments to Ukraine in the nearest future.

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