Business Desk
Electronic commerce holds great promise for strengthening ties between China and Ukraine, said Jack Ma, founder of China`s Internet giant Alibaba, on Friday.
He made the remarks at the Kiev International Economic Forum (KIEF), where he also acknowledged that an increase in two-way trade could only be achieved if the Ukrainian side improved their logistics infrastructure, Internet coverage and electronic payment system, as well as developing entrepreneurship.
"I`m thinking of inviting many of my friends-entrepreneurs to Ukraine. The opportunities here, your system, the young government and people have great potential," he said told the audience at the forum.
KIEF is a discussion platform whose main objectives are to formulate a growth strategy for the Ukrainian economy, establish links among foreign investors, Ukrainian business and government officials, and to improve the country`s reputation in the international arena.