Tuesday, 24 September 2013

Hungry China wants to 'borrow' land from 'bread basket' Ukraine for 50 years — RT Business

Hungry China wants to 'borrow' land from 'bread basket' Ukraine for 50 years — RT Business:

"However, in Kiev the proposal has caught officials by surprise.

Sergey Kasyanov, Chairman of KSG agro, explained the misunderstanding.

"We are not going to sell or transfer a lease or sublease to the Chinese. The project pertained to installing a drip irrigation system in those 3 million hectares in the next year,” Kasyanov told Vesti 24 in a TV interview.

China’s reported ‘land grab’ would include eastern territories near the Dnieper river, Kherson, and Crimea, well-known for its coastal beaches.

Ukraine lifted a ban on foreigners buying land last year.

“I don’t have any information on the subject, unfortunately. I know that Chinese companies occasionally show interest,” Igor Livin, the Chairman of the Association of the Ukrainian-Chinese Cooperation told Vesti 24."

'via Blog this'

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