New Silk Road could be alternative route to Russia for Ukraine

14:20, 05.07.2016 1 min read

The New Silk Road could become the alternative transit route for shipment of Ukrainian goods due to trade and transit sanctions imposed by Russia, Ukrainian Infrastructure Minister Volodymyr Omelyan has said.

"We have only one options of Silk Road among the alternative routes. There is an option to use the route across other states bypassing Russia, but this would make our goods more expensive," he told reporters in Kyiv on Tuesday.

Commenting on the Russia's steps, he said that Russian officials have not yet received instructions how to apply the sanctions.

"The government would work on our decision. We are waiting how the decree of the Russian president will be used in practice, if it were used. Then Ukraine will take absolutely symmetric actions in response, the next day," Omelyan said.