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President signs bill guaranteeing $3.66 billion Chinese loan
Journal Staff Report

KIEV, Aug. 6 - President Viktor Yanukovych signed into law a bill that approves state guarantees on a $3.66 billion loan from China Development Bank for boosting Ukraine’s domestic coal industry, the presidential press service reported Monday.

The bill was approved by Parliament at an emergency session last week, and is aimed at increasing domestic coal output to replace the use of natural gas imported from Russia.




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