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On 9 August 2012 the Ambassador of Ukraine to China Yuriy Kostenko met with Director General of the First Department of the Chinese export insurance and credits «Sinosure» Hua Wang
09 August 2012 15:33

On 9 August 2012 the Ambassador of Ukraine to China Yuriy Kostenko met with Director General of the First Department of the Chinese export insurance and credits «Sinosure» Hua Wang.

During the meeting the Chinese side was informed that the State Enterprise "Directorate of building and managing the national project" Air Express "and other infrastructure of Kiev region" on 8 August 2012 has made payment of the premium «Sinosure» for China Eximbank loan for the project "Air Express". The project includes the organization of high-speed rail service between Kiev and the international airport "Borispol". Thus, soon will be opened the China Eximbank credit line worth 372 million USD for practical realization of the project.

The Ambassador said that the Ukrainian side hopes for the implementation of joint large-scale projects in Ukraine in the fields of agriculture, energy and infrastructure development with the involvement of finance from China.
Wang Hua, in turn, expressed his satisfaction with the level of the cooperation between Ukraine and China and noted that the success of the pilot project will become a good ground for the implementation of other national projects of Ukraine.

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