China Proposes Establishing Free Trade Zone With Ukraine – Ambassador

© AP Photo / Andy WongContainers are loaded onto a cargo ship at the Tianjin port in China
Containers are loaded onto a cargo ship at the Tianjin port in China - Sputnik International
The Chinese ambassador to Ukraine proposed to establish a free trade zone between the two counries.

Canadian International Trade Minister Chrystia Freeland, foreground left, exchanges documents with First Vice Prime Minister, Minister of Economic Development and Trade of Ukraine Stepan Kubiv, foreground right, as Ukrainian President Petro Poroshenko, right, Canadian Prime Minister Justin Trudeau applaud during a signing ceremony in Kiev, Ukraine, Monday, July 11, 2016 - Sputnik International
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KIEV (Sputnik) — China has come up with a plan to establish a free trade zone with Ukraine, Chinese Ambassador Du Wei said Monday at an economic forum in Kiev.

"The Chinese side has made an ambitious proposal at the working level, which is the creation of a Ukrainian-Chinese free trade area, in the hope that the Ukrainian side will look into this issue," the Chinese diplomat said.

Ukraine’s Deep and Comprehensive Free Trade Agreement with the European Union came into effect last January. This arrangement suspended a similar deal between Ukraine and Russia.

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