VALERIY PYSARENKO

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Joint direct investment fund between Ukraine and People`s Republic of China can be created in Ukraine

14.07.2017

Member of Ukrainian Parliament Valeriy Pysarenko offered the Government to create a joint direct investment fund between Ukraine and People`s Republic of China within the framework of the One Belt, One Way Project.

"The analysis of Ukraine-China cooperation convinces the Chinese side of its desire and ability to build equal, partner governmental and non-governmental mutually beneficial relations with our country, therefore this mechanism is capable of giving a powerful impetus for increase of the volume of cross-border direct investments and significant increase of the number of jointly implemented projects," – parliamentarian explained his initiative.

According to Valeriy Pysarenko`s words, the resources of the general fund of direct investments, first of all, are planned to be channeled to priority sectors of the economy, in particular, to develop high-tech, innovative and science-intensive projects.

In addition, the Fund will be able to use enterprises that are not in a position to obtain a loan from commercial banks.

In addition, the Parliamentarian believes that the creation of this fund in Ukraine can become a strategically important event, as our country is at the epicenter of the project "One belt, one way", which will promote economic growth and infrastructural transformation.

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