China to issue $1 bln loan to Ukraine to finance airport railway project

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3/9 Tass 156
BEIJING, September 3 (Itar-Tass) -- China's Development Bank and
Industrial and Commercial Bank will issue a one-billion-U.S. dollar loan
to Ukraine to build a 30-kilometer railway line linking the capital city
of Kiev with the Borispol international airport, the Renmin Ribao
newspaper reported on Friday.
According to the newspaper, total investments in the project will
amount to 950 million U.S. dollars.
An agreement on the railway construction was among the 13 documents
signed on Thursday during Ukrainian President Viktor Yanukovich's visit to
China.
During the talks, the sides agreed to bring the bilateral trade up to
10 billion U.S. dollars by the year 2012. According to the Chinese side,
the trade turnover between China and Ukraine exceeded 3.3 billion U.S.
dollars in the first six months of 2010, or by 31 percent more than in the
same period of 2009.
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