Information for fruit and vegetables business in CIS
Malaysia offers Ukraine loan to buy palmoil
President of Ukraine Leonid Kuchma told journalists Monday after negotiations with Prime Minister of Malaysia Mahathir Mohamad, who is now on a four-day visit to Ukraine, that this country had offered Ukraine a $50 million tied credit for purchases of palm oil. This proposal is currently being studied by the Ministry of Economy, the President said.
Mahathir Mohamad said that Ukraine was a very good partner for distribution of Malaysian goods on its own market and in the neighbouring countries. In return, Malaysia could serve as a gate for distribution of Ukrainian goods in the countries of South-Eastern Asia and the Middle East, said Malaysian Prime Minister.