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USA suggests Ukraine not to sell Motor Sich to China

Source : 112 Ukraine

Temporary U.S. Charge d’Affaires in Ukraine William Taylor thinks that Ukraine should check the financial position of Chinese buyer
11:00, 27 December 2019

Open source

USA suggests that Ukraine should abandon its plans to sell Motor Sich to Chinese investors and consider other buyers. It was stated by Temporary U.S. Charge d’Affaires in Ukraine William Taylor during a conversation with reporters, which took place in Kyiv on December 26, European Pravda reports.

"Investors are now in search, and there are already several companies, both American and non-American, that are interested. There is a real interest, due diligence and visits to the factory are already underway. The financial situation is also being checked," Taylor said.

The diplomat believes that Ukraine "has a good chance to review the option” of selling Motor Sich, and the reason for this may be the financial condition of a Chinese company, which showcased its desire to buy Ukrainian entity.

Related: The Motor Sich factory and its covert ties to Russia

Taylor pointed to the occurrence of information about problems regarding the buyer of other Chinese companies.

Temporary U.S. Charge d’Affaires also stressed that there are other companies are interested in buying Motor Sich.

As we reported earlier, Erik Prince, a private security contractor and informal adviser to U.S. President Donald Trump, is in discussions to purchase a Ukrainian aerospace manufacturer Motor Sich, which the U.S. is trying to prevent China from buying, according to officials briefed on the matter, according to the Wall Street Journal.

Trump's administration has approached Mr. Prince and at least one other potential buyer from the private sector about Motor Sich, a U.S. official said. In recent weeks, Mr. Prince has discussed the company with Ukrainian officials and visited the company’s main plant, according to people briefed on the matter.

Related: Selling Motor Sich to Chinese investors: Is Ukraine interested in such a deal?

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