Government to approve signing of General Agreement on joint participation in realization of projects with PRC

posted 10 January 2014 10:55

On January 9, 2014 the Government approved a draft protocol decision on abolition of a CMU decision on approving the resolution of the Cabinet of Ministers of Ukraine “Certain issues of realization of projects on replacement of natural gas with coal of domestic extraction”.

The draft document has been elaborated guided by the need to receive an agreement of China Development Bank to conclude the General Agreement on joint participation in realization of projects between Naftogaz of Ukraine and China Machinery Engineering Corporation.

Approval of this protocol decision shall enable ensuring to keep procedures of conciliation, that have to be prior to the approval by the Government of Ukraine of signing the General Agreement on joint participation in realization of the projects.