eagle1462010
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- May 17, 2013
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Up In Arms: Ukrainian Aircraft-Engine Plant Caught Up In U.S.-China Rivalry
Plenty Of U.S. Leverage
Despite the importance of the company to Ukraine's defense industry, no laws prevent him from selling his stake, Alexander Paraschiy, an industry analyst at Kyiv-based Concorde Capital, wrote in a note last year.
Bolton, though, is hoping Kyiv will block the sale, and Washington has plenty of leverage to apply. The United States has been by far Ukraine's biggest supporter since Russia annexed its Crimean Peninsula in 2014 and backed separatist formations in parts of eastern Ukraine.
The United States has given Ukraine more than $3 billion in aid, including $1.5 billion of military goods over the past five years and has promised to increase the annual allotment.
Ukraine's Antimonopoly committee is currently reviewing the proposed Motor Sich sale.
"I do think a government operating in its own sovereign sphere has the right to protect its defense industries and to look out for the well-being of the Ukrainian people. So, I think President Zelenskiy's new government obviously has that as its highest priority, and he's going to make sure before some transaction is allowed to go through that it is really the Ukrainian people who benefit," Bolton told RFE/RL.
The United States is advising Ukraine on the reform of its military, a necessary step before it would be eligible to join NATO, which Kyiv has said is its goal.
"If this deal [to the Chinese] happens, we will never be in NATO," said Denys Hurak, a former Ukroboronprom executive.
Plenty Of U.S. Leverage
Despite the importance of the company to Ukraine's defense industry, no laws prevent him from selling his stake, Alexander Paraschiy, an industry analyst at Kyiv-based Concorde Capital, wrote in a note last year.
Bolton, though, is hoping Kyiv will block the sale, and Washington has plenty of leverage to apply. The United States has been by far Ukraine's biggest supporter since Russia annexed its Crimean Peninsula in 2014 and backed separatist formations in parts of eastern Ukraine.
The United States has given Ukraine more than $3 billion in aid, including $1.5 billion of military goods over the past five years and has promised to increase the annual allotment.
Ukraine's Antimonopoly committee is currently reviewing the proposed Motor Sich sale.
"I do think a government operating in its own sovereign sphere has the right to protect its defense industries and to look out for the well-being of the Ukrainian people. So, I think President Zelenskiy's new government obviously has that as its highest priority, and he's going to make sure before some transaction is allowed to go through that it is really the Ukrainian people who benefit," Bolton told RFE/RL.
The United States is advising Ukraine on the reform of its military, a necessary step before it would be eligible to join NATO, which Kyiv has said is its goal.
"If this deal [to the Chinese] happens, we will never be in NATO," said Denys Hurak, a former Ukroboronprom executive.