KIEV, Sept. 7 – Ukrainian Coal Minister Yuriy Yaschenko and Chen Yuan, a representative of the State Development Bank of China, signed a framework agreement on financial cooperation between the Ukrainian Coal Ministry and the bank at a meeting in China on September 2, the ministry announced on Tuesday.

Under the agreement, the ministry submitted a package of seven investment projects for consideration by the Chinese side, the total cost of implementation of which is estimated at $1.03 billion.