U.S. hopes Ukraine's Motor Sich not be sold to China

Motor Sich is one of the world's leading manufacturers of engines for the aviation industry.

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Charge d'Affaires, a.i. of the United States Embassy in Kyiv, Ukraine, William Taylor says the U.S. hopes that Ukraine's aerospace company Motor Sich will not be sold to China.

The diplomat told reporters in Kyiv that investors were being sought, and there were already several companies, both American and non-American, that are interested. There is real interest, due diligence and visits to the plant are already being held. They are checking the financial situation, he said, as reported by the Ukrainian media outlet European Pravda on December 26.

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According to Taylor, the sale of the company has not yet been closed, and there is a good chance to review it.

Taylor noted that the Chinese buyer's financial condition might be the reason for the review, the publication said.

As reported, other companies are interested in buying Motor Sich as well.

As UNIAN reported earlier, on November 21, the Anti-Monopoly Committee of Ukraine (AMCU) postponed decision-making on an application filed by China's Skyrizon and Ukraine's state-run Ukroboronprom Concern regarding the deal on a controlling stake in the Zaporizhia-based Motor Sich plant.

It was earlier reported that Erik Prince, a private security contractor and informal adviser to U.S. President Donald Trump, is in discussions to purchase a Ukrainian aerospace asset, Motor Sich.

Motor Sich is one of the world's leading manufacturers of engines for the aviation industry.

On August 25, PR Director of OJSC Motor Sich Anatoliy Malysh announced that China's Skyrizon and Xinwei Group had already applied to the AMCU for the approval of the deal to acquire over 50% of Motor Sich's shares.

The Wall Street Journal, citing sources in the U.S. administration, reported that the United States was trying to prevent the Chinese company from buying the Ukrainian Motor Sich plant, as this would significantly boost China's defense position.

On August 28, U.S. presidential adviser John Bolton said in Kyiv about risks of selling part of the Ukrainian Motor Sich to the Chinese side. According to him, China is playing a dishonest game in the United States and is stealing military technology.

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