aa6e0afb1146d357ec6ed49ea297e918.jpg (Photo : news.cn)
President Viktor Yanukovych of Ukraine announced that his three-day working trip to China proved to be productive after he secured US$8 billion worth of investment from the world's second largest economy.
Yanukovych said the investment is a much-needed injection to Ukraine's slowing economy and shows the expansion of economic cooperation between China and his country. The investment is in addition to the US$10 billion in loans that China has already extended to the cash-strapped country.
The Ukrainian president signed investment documents in Beijing during his working trip in China. And while the actual amount of the investment has not been calculated yet, he said initial calculations would show that the matter is about US$8 billion in investments coming to his country's economy.
The types of investments that China is interested in putting up in Ukraine have not been discussed at the time Yanukovych made the announcement.
During his three-day visit, Yanucovich met with Chinese President Xi Jinping and Chinese Premier Li Keqiang. He also signed several bilateral agreement documents that renew the partnership of China and Ukraine.
Xi told his Ukrainian counterpart that the relations of the two countries have already reached a stage where long-term healthy and stable development are on a fast track.
He also proposed more channels for policy coordination and more exchanges between governments and legislative institutions.
Yanukovych responded by saying that the proposal of the Chinese government for deeper bilateral ties will serve the fundamental interest of China and Ukraine and their peoples.
Premier Li, for his part, said China will closely work with Ukraine to develop their mutual political trust and deepen cooperation in order to bring their partnership to a success.
The Chinese premier urged Ukraine and China to cooperate in various areas, including agriculture, energy, and infrastructure construction. He also called for an expansion of cooperation in the areas of finance, cred, aviation, and technology.
