Home ยป US expresses concern over Chinese attempts to buy Motor Sich

US expresses concern over Chinese attempts to buy Motor Sich

by alex

US expresses concern over Chinese attempts to buy Motor Sich

US Secretary of State Michael Pompeo, in a telephone conversation with Ukrainian President Volodymyr Zelenskyy, expressed concern about China's attempts to buy the Ukrainian company for the production of aircraft engines Motor Sich. This was reported by the press service of the State Department, TASS reports.

The conversation took place on 26 August. As explained in the State Department, they are worried about “China's malicious investments in Ukraine.” In particular, the efforts of the Chinese side to acquire Motor Sich are noted. In addition, Pompeo and Zelensky discussed the coronavirus pandemic, as well as the situation in Belarus and Ukraine.

On August 7, the prosecutor's office of Ukraine arrested the company's shares after announcing that Chinese investors and the DCH group of Ukrainian businessman Alexander Yaroslavsky had submitted a joint application to the Antimonopoly Committee of Ukraine (AMCU) to buy a stake in the company.

The Motor Sich company claims that after the severance of relations with Russia, they need sales markets, and China is one of them. However, the US is trying to dissuade Kiev from such a deal, suspecting that Beijing will gain access to significant defense technology.

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