The New Silk Road could become the alternative transit route for shipment of Ukrainian goods due to trade and transit sanctions imposed by Russia, Ukrainian Infrastructure Minister Volodymyr Omelyan has stated on July 5, 2016.

"We have only one options of Silk Road among the alternative routes. There is an option to use the route across other states bypassing Russia, but this would make our goods more expensive," the Minister pointed out.

At the same time, the Minister pointed out once again that now this decree is invalid. He said that Russian officials have not yet received instructions how to apply the sanctions.

"We are waiting how the decree of the Russian president will be used in practice, if it were used. Then Ukraine will take absolutely symmetric actions in response, the next day," Volodymyr Omelyan emphasized.