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Offer they can’t refuse: US wants to block China from buying Ukraine aircraft engine factory
Published time: 26 Aug, 2019 23:27Edited time: 27 Aug, 2019 11:23
(R) Motor Sich factory in Zaporozhye, Ukraine © Wikimedia Commons; (L) US National Security Advisor John Bolton © Reuters / Peter Nicholls
The prospect of a Ukrainian engine factory selling out to China has so alarmed Washington that none other than national security adviser John Bolton is seeking to stop it. The US didn’t bother making a counter-offer, either.
Bolton is headed to Kiev after the G7 summit in France, and said on Monday he was looking forward to meetings with “partners” there, to support the government’s vision for a “stronger and more prosperous Ukraine.”
John Bolton
✔@AmbJohnBolton
https://twitter.com/AmbJohnBolton/status/1166061960061947905
The President had productive meetings in Biarritz at the #G7. I’m looking forward to my upcoming meetings with our partners in Kyiv. We support President Zelenskyy’s reform efforts and vision to create a stronger and more prosperous Ukraine.
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2:56 PM - Aug 26, 2019
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He did not comment, however, on the Wall Street Journal story from Friday that one of those meetings will involve the fate of Motor Sich, which is seeking approval from a Kiev watchdog to sell the controlling stake to two Chinese companies. This has raised alarms in Washington, where hawks worry that Beijing will acquire more than just the plant in Zaporozhye, but the technology and expertise to build helicopter and airplane engines.
Beijing Skyrizon Aviation Industry Investment had already tried to buy almost 49 percent of Motor Sich shares in 2017, but was blocked by the Ukrainian security services. Trade in Motor Sich stocks was frozen in April 2018, to prevent them from falling into unapproved hands.
Robert Wall
✔@R_Wall
https://twitter.com/R_Wall/status/1165037591864864769
The U.S. is seeking to block a sale of Ukraine’s aerospace company, Motor Sich, to China on national-security grounds, according to U.S. officials familiar with the matter https://www.wsj.com/articles/u-s-aims-to-block-chinese-acquisition-of-ukrainian-aerospace-company-11566594485?shareToken=st17a9edce06ac400c96b61232583b6f01 … via @WSJ
U.S. Aims to Block Chinese Acquisition of Ukrainian Aerospace Company
U.S. national-security adviser John Bolton is seeking to scuttle the pending Chinese purchase of a Ukrainian aerospace company on grounds that it will give Beijing vital defense technology, according...
wsj.com
https://www.rt.com/news/467345-ukraine-factory-china-bolton/
HomeWorld News
Offer they can’t refuse: US wants to block China from buying Ukraine aircraft engine factory
Published time: 26 Aug, 2019 23:27Edited time: 27 Aug, 2019 11:23
(R) Motor Sich factory in Zaporozhye, Ukraine © Wikimedia Commons; (L) US National Security Advisor John Bolton © Reuters / Peter Nicholls
- 97
The prospect of a Ukrainian engine factory selling out to China has so alarmed Washington that none other than national security adviser John Bolton is seeking to stop it. The US didn’t bother making a counter-offer, either.
Bolton is headed to Kiev after the G7 summit in France, and said on Monday he was looking forward to meetings with “partners” there, to support the government’s vision for a “stronger and more prosperous Ukraine.”
John Bolton
✔@AmbJohnBolton
https://twitter.com/AmbJohnBolton/status/1166061960061947905
The President had productive meetings in Biarritz at the #G7. I’m looking forward to my upcoming meetings with our partners in Kyiv. We support President Zelenskyy’s reform efforts and vision to create a stronger and more prosperous Ukraine.
992
2:56 PM - Aug 26, 2019
Twitter Ads info and privacy
328 people are talking about this
He did not comment, however, on the Wall Street Journal story from Friday that one of those meetings will involve the fate of Motor Sich, which is seeking approval from a Kiev watchdog to sell the controlling stake to two Chinese companies. This has raised alarms in Washington, where hawks worry that Beijing will acquire more than just the plant in Zaporozhye, but the technology and expertise to build helicopter and airplane engines.
Beijing Skyrizon Aviation Industry Investment had already tried to buy almost 49 percent of Motor Sich shares in 2017, but was blocked by the Ukrainian security services. Trade in Motor Sich stocks was frozen in April 2018, to prevent them from falling into unapproved hands.
Robert Wall
✔@R_Wall
https://twitter.com/R_Wall/status/1165037591864864769
The U.S. is seeking to block a sale of Ukraine’s aerospace company, Motor Sich, to China on national-security grounds, according to U.S. officials familiar with the matter https://www.wsj.com/articles/u-s-aims-to-block-chinese-acquisition-of-ukrainian-aerospace-company-11566594485?shareToken=st17a9edce06ac400c96b61232583b6f01 … via @WSJ
U.S. Aims to Block Chinese Acquisition of Ukrainian Aerospace Company
U.S. national-security adviser John Bolton is seeking to scuttle the pending Chinese purchase of a Ukrainian aerospace company on grounds that it will give Beijing vital defense technology, according...
wsj.com
https://www.rt.com/news/467345-ukraine-factory-china-bolton/
