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Yanukovych eyes German investment in Ukraine

© Mikhail Markiv / Go to the photo bankUkrainian President Viktor Yanukovich and German Chancellor Angela Merkel
Ukrainian President Viktor Yanukovich and German Chancellor Angela Merkel  - Sputnik International
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Ukrainian President Viktor Yanukovych said during an official visit to Germany on Monday that he hoped to see an increase in German investment in his country.

Ukrainian President Viktor Yanukovych said during an official visit to Germany on Monday that he hoped to see an increase in German investment in his country.

Yanukovych has already held talks with German Chancellor Angela Merkel and is expected to meet with representatives of German business circles later in the day.

The Ukrainian president told journalists in Berlin that Germany had invested some $6 billion in Ukraine's economy since the collapse of the Soviet Union in 1991, while investment in Russia was "ten times higher."

"It is very little for Ukraine, especially since Ukraine is closer to Germany geographically [than Russia]," he said.

"I hope today's meeting... with German businessmen and entrepreneurs, will pave the way for investment in Ukraine," he added.

BERLIN, August 30 (RIA Novosti) 

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