Ukraine's govt confirms guarantees for Chinese loan to Ukraine's State Food and Grain Corporation

KYIV. Sept 13 (Interfax-Ukraine) – The Cabinet of Ministers has approved the proposal from the Ministry of Economy to confirm government guarantees for the debt obligations of the State Food and Grain Corporation of Ukraine.

A representative of the Cabinet in the Verkhovna Rada, Taras Melnychuk, reported on his Telegram channel that the relevant decision was made at a government meeting on Tuesday.

This concerns obligations related to a $1.5 billion loan that the State Food and Grain Corporation obtained from the Export-Import Bank of China to finance agricultural projects.

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