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|WASHINGTON Women's Nike Air VaporMax 97 Metallic Dark Sea Shoes , March 10 (Xinhua)-- The World Bank said on Monday that it would provide up to 3 billion U.S. dollars for Ukraine in 2014 to help the country deliver much-needed economic reforms.
The World Bank said in a statement that it has received a request for support from the interim Ukrainian government and stands ready to assist the government with formulating and implementing a comprehensive program of structural reforms to address challenges.
"We are committed to supporting the people of Ukraine in these difficult times and very much hope that the situation in the country stabilizes soon," said World Bank President Jim Yong Kim.
Ukraine's economy is facing a number of serious challenges that will require urgent action in the short term as well as sustained reform over the medium and longer term, the Washington-based institution said.
"Priorities will need to be given to restoring macroeconomic stability, strengthening the banking sector, reforming the energy sector, seriously tackling corruption and improving accountability Women's Nike Air VaporMax Plus KPU TPU Shoes Pink White , enhancing the investment climate and better targeting social assistance towards the poor and vulnerable," it added.
The political crisis has cost Ukraine economically, as the country is facing a possible debt default. Ukraine needs some 35 billion dollars in aid to improve its economy, according to the country's Finance Ministry.
Official from the International Monetary Fund said Friday that its fact-finding mission that has been working in Kyiv from March 4 is progressing well, and the Fund stands ready to help the Ukrainian people and support the authorities' economic program to help put Ukraine firmly on track to good economic governance and sustainable growth.
KIEV, April 21 (Xinhua) -- China's Belt and Road Initiative offers new opportunities for Ukraine to promote its development by enhancing cooperation with China and other countries along Silk Road Women's Nike VaporMax Moc Flyknit Triple Black Anthracite , a Ukrainian expert told Xinhua in a recent interview.
"First of all, under this initiative, Ukraine gets a unique chance to increase cooperation with the driving force of the world's economy -- with China's economy," said Ruslan Osypenko, an Executive Director of China trade association in Ukraine.
The Belt and Road initiative, proposed by Beijing in 2013 Women's Nike Air VaporMax Flyknit 2.0 Hot Punch Grey , has opened the door for Ukrainian companies to join hands with Chinese partners in implementing mutually-beneficial projects, he said.
"For instance, we could successfully develop projects in energy sector and agriculture. These priority areas are interesting for both -- for Ukraine and for China," Osypenko said.
He noted that Chinese businessmen are also ready to bring their capabilities to the development of seaports in Ukraine, helping the East European country to improve its logistic infrastructure.
"Chinese companies are ready to supply equipment to ports, implement dredging projects Women's Nike Air Max 97 Barely Rose , built port plants and improve logistics chain," Osypenko said.
The renovation of the ports infrastructure would contribute to Ukraine's aspiration of becoming a transportation artery between Asia and Europe, he added.
Serving between 2011 and 2015 as a head of Foreign Economic Affairs department at Ukraine's Economic Development and Trade Ministry, Osypenko was one of the main enthusiasts in the Ukrainian government, who pushed forward Kiev's bid to join the Belt and Road initiative.
In 2015, Ukraine has formally entered the Silk Road project Women's Nike Air Max 97 Ultra Sneakers Metallic , launching a train to China via the sea-rail Trans-Caspian International Transport Route through Georgia, Azerbaijan and Kazakhstan.
Currently, Osypenko together with his colleagues is trying to expand the Silk Road from Ukraine westwards, establishing connections between businessmen from China and western countries, which work in Ukraine.
"We have created a platform for dialogue and exchange of experience between businessmen from China, Germany Women's Nike Air Max 97 UL '17 Triple White , USA, France, Turkey and Ukraine. And today we have a new tool for pushing forward our business relations," Osypenko said.
The newly-created platform, uniting business associations and chambers of commerce from six countries, opens up new opportunities for expanding commercial partnership throughout the world Women's Nike Air Max 270 Sneakers Light Grey Black , he said.
"In fact, this is a mini-model of China's Belt and Road Initiative. We are implementing this initiative in Ukraine and implementing it successfully," Osypenko said.
Clothes of actress Audrey Hepburn is displayed during an exhibition of Audrey Hepburn's personal collection in Hong Kong, south China, Sept. 1, 2017. (XinhuaQin Qing)
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Why should one use a bridging loan? Pecora Hoy
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