OREANDA-NEWS. A commodity turnover between Ukraine and Asia-Pacific region countries increased fourfold and reached USD 20 billion for the last 15 years, Economics Minister Anatoliy Kinakh told the first meeting of the Coordination Council for Development of Ukraine's Innovation-Investment Relations with Asia-Pacific Region, reported the Official website www.kmu.gov.ua.

The Coordination Council's task is to establish the more fruitful cooperation with business representatives of China, Japan, India, Thailand, as well as to attract investments for modernization of industry and agriculture's technical basis in Ukraine.

"It is necessary to combine or borrow modern technologies these countries presently use in order to create in Ukraine an up-to-date production or industries of high market competitiveness," Anatoliy Kinakh underscored.