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Ukraine Seeks More Trade With China Amid Losses on Russian Market

© AFP 2021 / YURIY DYACHYSHYNPeople look at vegetables in a market in Kiev
People look at vegetables in a market in Kiev - Sputnik International
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Ukraine has suffered as a result of decreased trade with Russia, and has turned to China in the hope that it may establish more contracts to compensate for its losses.

Ukrainian Prime Minister Arseniy Yatsenyuk - Sputnik International
Yatsenyuk: Russia Likely to Stop Being One of Ukraine’s Main Trade Partners
KIEV, January 9 (Sputnik) — Ukraine suffered as a result of decreased trade with Russia in 2014, but expects to compensate that by contracts with China, the country's Minister of Agrarian Policy and Food stated.

"In addition to the European Union we have a great interest in China. Our Chinese partners [represent] a very big market," Oleksiy Pavlenko told Ukraine's 5 Kanal TV station Thursday.

As Russia has restricted the import of vegetables, fruits and dairy products from Ukraine, the minister also added that Asian countries are "actively sizing up" the country's market.

On December 30, 2014, Ukrainian Prime Minister Arseniy Yatsenyuk said that Russia is soon likely to lose its main trade partner status with Ukraine, adding that the trade turnover with Russia had decreased significantly in recent years.

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