Ukraine to sign USD 3bn loan with China.

By bne IntelliNews September 21, 2012
Ukraine intends to sign USD 3bn loan agreement with the Export-Import Bank of China. In terms of the agreement China will provide USD 3bn in credit lines in exchange for supplies of maize, the Financial Times reported quoting Ukraine's Agricultural Policy and Food Minister Mykola Prysiazhniuk. Prysiazhniuk noted that the Chinese market was very important and attractive for Ukraine, since the country hasn't yet exported maize there. Ukraine expects to harvest more than 20mn tonnes of maize this year, and may export more than half of it, he added.
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