KIEV, Aug. 26 – Ukraine's Economic Development and Trade Ministry and China's Ministry of Commerce have made arrangements concerning mutual understanding in application of international trade safeguards tools.

The agreement was signed by Deputy Economic Development and Trade Minister and Trade Representative Natalia Mykolska and Vice Minister of Commerce Qian Keming in Kiev on Thursday.

"We have actively worked on the issues of cooperation in trade, investment, technical regulation, transport, energy, tourism and high-tech areas," Mykolska said at a briefing after a meeting of the sub-commission for trade and economic cooperation of the cooperation commission of the Ukrainian and Chinese governments.