Ukrainian President Volodymyr Zelensky [Photo/Agencies]
Ukrainian President Volodymyr Zelensky signed a decree on Jan 29 imposing sanctions on four Chinese companies including Skyrizon Aviation, which had sought to buy a stake in Ukrainian aerospace company Motor Sich. As the sanctions were imposed after the United States restricted Skyrizon s access to US exports, some claim Ukraine is blocking the deal to please Washington, which influences Ukraine s security policy.
The sanctions restrict Skyrizon s trading operations and prevent it from moving capital out of Ukraine for three years. The Chinese company bought a majority stake in Motor Sich in 2017, and was expected to ease the difficulties of the aeroengine manufacturer due to the Ukraine-Russia tensions in 2014, but its shares were frozen pending investigation by Ukraine s security agency. The Chinese company had to file an arbitration case to try and recover its loss.
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Cooperation to jointly construct the Belt and Road Initiative (BRI) will create new opportunities for the development of relations between Ukraine and China, said a Ukrainian expert on Thursday.
Ukraine and China signed on Wednesday an agreement on the joint construction of the BRI, which Irina Nikorak, executive director and founder of Ukrainian Silk Road Association Silk Link, deems as an important event in the context of the development of relations between Ukraine and the China. China is our strategic partner, which means that we are ready to deepen cooperation in all areas. Despite the challenges that our countries face now, we were able to agree on a plan for further cooperation, said Nikorak in an interview with Xinhua.
BRI cooperation to deepen Ukraine-China relations expert (Xinhua) 10:41, December 26, 2020 KIEV, Dec. 25 (Xinhua) Cooperation to jointly construct the Belt and Road Initiative (BRI) will create new opportunities for the development of relations between Ukraine and China, said a Ukrainian expert on Thursday. Ukraine and China signed on Wednesday an agreement on the joint construction of the BRI, which Irina Nikorak, executive director and founder of Ukrainian Silk Road Association Silk Link, deems as an important event in the context of the development of relations between Ukraine and the China. China is our strategic partner, which means that we are ready to deepen cooperation in all areas. Despite the challenges that our countries face now, we were able to agree on a plan for further cooperation, said Nikorak in an interview with Xinhua.
China, Ukraine to deepen Belt and Road cooperation
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Chinese Vice Premier Liu He, also a member of the Political Bureau of the Communist Party of China (CPC) Central Committee, co-chairs the fourth meeting of the China-Ukraine Inter-government Cooperation Committee via video link with Ukrainian Deputy Prime Minister Olga Stefanishina on Dec. 23, 2020. [Photo/Xinhua]
China and Ukraine agreed on Wednesday to work together to combat the COVID-19 pandemic, comprehensively deepen cooperation on the Belt and Road Initiative, and leverage their respective strengths for mutual development.
The two countries reached the agreement during the fourth meeting of the China-Ukraine Inter-government Cooperation Committee, co-chaired via video link by Chinese Vice Premier Liu He and Ukrainian Deputy Prime Minister Olga Stefanishina.