Ukrzaliznytsia - General Electric $1 billion worth agreement will lead to modernization of Ukraine’s railroads, - Poroshenko

Ukraine’s state-run railroad operator struck a major deal with U.S. General Electric.

President of Ukraine Petro Poroshenko is confident that the country’s economy develops rapidly, Censor.NET reports citing his statement on social media.

"The agreement between Ukrzaliznytsia and General Electric worth $1 billion will lead to modernization and development of the railroads. But the most important thing is that the conclusion of the framework agreement will guarantee the long-term mutually beneficial cooperation between Kyiv and Washington.

"This is one of the signals showing that Ukraine is moving forward. This is a convincing proof that we are back on the track of economic growth, that we are starting to modernize the infrastructure, that Ukraine is a reliable partner. This is the largest deal in many years," the president said in a statement.

Источник: https://censor.net.ua/en/n3052180