KIEV, Nov. 30 – Ukraine's government has authorized state-run amalgamation PolyTechMed to take a loan worth up to $250 million for the acquisition of ambulances against state guarantees from the Export-Import Bank of China and the China Development Bank.
This is stipulated in a cabinet resolution which cancelled a previous state guarantees to be provided to PolyTechMed on loans worth up to $100 million from Chinese banks, which was suspended under a presidential order of Nov. 25.
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