Governor of the National Bank of Ukraine Sergiy Arbuzov meets the Ambassador Extraordinary and Plenipotentiary of the People's Republic of China to Ukraine
On 14 March 2012, the National Bank of Ukraine hosted a working meeting between Governor of the National Bank of Ukraine Sergiy Arbuzov and Ambassador Extraordinary and Plenipotentiary of the People's Republic of China to Ukraine Zhang Xiyun.
During the meeting, the sides discussed issues related to cooperation between Ukraine and the People's Republic of China. In particular, Ambassador Extraordinary and Plenipotentiary of the People's Republic of China to Ukraine Zhang Xiyun said: “Our countries have established a framework for fruitful financial cooperation. We are currently getting ready for the next visit of the Ukrainian delegation to China and the successful outcome of this visit is of great importance for us.”
Governor of the National Bank of Ukraine Sergiy Arbuzov has confirmed that Ukraine pays great attention to cooperation between the Central Bank of Ukraine and the People’s Bank of China. “Signing a swap agreement between the National Bank of Ukraine and the People’s Bank of China remains a key issue. This agreement will make it possible to use the national currencies (Ukrainian hryvnia and Chinese Yuan) in settling accounts between our countries. Some technical issues related to this document need to be solved. The completion of negotiations will indicate that our relations have entered a practical dimension,” said Sergiy Arbuzov.
In the course of the meeting, the sides discussed issues related to investing the Chinese capital into Ukraine’s economy. “We are aware of the fact that the Chinese investors show an interest in investing in agriculture, geology and mining. During our previous visit to the People's Republic of China, we held meetings with different investment funds and discussed a number of projects involving the Chinese investors that could be implemented in Ukraine,” said the Governor of the National Bank of Ukraine.
According to Sergiy Arbuzov, during previous visits to the People's Republic of China, the Ukrainian delegation held meetings with the senior management of the Export-Import Bank of China (China Exim Bank) on issues related to deepening cooperation between the PJSC “The State Export-Import Bank of Ukraine” and the Export-Import Bank of China. In particular, issues of involving the Chinese investors to finance certain projects in Ukraine were discussed.
“The Export-Import Bank of China is an active partner and participant involved in funding investment projects around the world. I feel confident that the senior management of the China Exim Bank has a keen interest in establishing a representative office of their bank in Ukraine,” added Zhang Xiyun.
Finally, Ambassador Extraordinary and Plenipotentiary of the People's Republic of China to Ukraine Zhang Xiyun thanked the Governor of the National Bank of Ukraine for arranging a meeting and expressed readiness to make all the necessary preparations for receiving the Ukrainian delegation in China.