Ukraine Could Miss Out on China Loans
Ukraine Could Miss Out on China Loans

Ukraine Could Miss Out on China Loans

Ukraine Could Miss Out on China Loans

Ukraine could miss out on energy sector funding from China worth up to $3.65 billion because squabbles between ministries and the state-run energy firm Naftogaz have held up project proposals, according to interviews with officials, Reuters reported. Ukraine signed the loan agreement with the China Development Bank in 2012 and it must submit proposals for projects by June 2017 to receive funding. But with the deadline looming, Naftogaz and the relevant government departments have yet to sign off on any of the coal or gas projects that were due to be funded by the loan.


Short URL : https://goo.gl/IOZR9i
  1. https://goo.gl/MyNjPu
  • https://goo.gl/bO6aIV
  • https://goo.gl/nhDjCU
  • https://goo.gl/GHRjgD
  • https://goo.gl/6IAgno

You can also read ...

More and more Thai merchants are integrating WeChat Pay and Alipay’s systems to cater to tourists.
The internet has changed the way most people live. Through...
Cambodia’s economic outlook remains positive, but is subject to downside risks.
The IMF Managing Director Christine Lagarde expressed optimism...
More India Bank Frauds Revealed
Over 25,800 fraud cases involving about Rs179 crore ($1.79...
Qatar Calls to Investigate UAE Bank’s Bogus Deals
Qatar has asked US regulators to investigate the US subsidiary...
Free trade achieves more good for the planet.
US President Donald Trump’s steel tariffs have brought the...
Morocco Currency Reform on Right Track
Few weeks after the launch of the gradual dirham float, the...
EU Readies Tax on US Technological Titans
The European Union will next week unveil plans for a digital...
Apparel imports from ASEAN are growing, spurred by low labor costs  in such countries as Vietnam.
Import prices for apparel and daily goods in Japan plunged...

Add new comment

Read our comment policy before posting your viewpoints