China Eximbank pledges $71.202 million loan for the Agricultural Wholesale Market Project

China Eximbank pledges $71.202 million loan for the Agricultural Wholesale Market Project In 2012, China National Machinery Industry Complete Engineering Corporation, Export-Import Bank of China, Export-Import Bank of Ukraine, and Agricultural Marketing Center of Ukraine signed the "Ukrainian Agricultural Wholesale Market Project Cooperation Memorandum." Under this agreement, the Export-Import Bank of China will provide a $71.202 million USD loan to the Agricultural Marketing Center of Ukraine in order for them to construct seven large-scale agricultural wholesale markets and seven vegetable warehouses.

Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.