6 December 2017, Cairo, Egypt – the Food and Agriculture Organization of the United Nations (FAO) and NIBULON signed a Memorandum.
EIB funding will contribute to upgrade the infrastructure of agriculture, a strategic economic sector of the country generating some 20% of Ukraine’s GDP and a significant source of employment for 14 million of the Ukraine’s citizens living in rural areas.
The President of Ukrainian Agrarian Confederation Leonid Kozachenko has presented the results of the research about effectiveness of agribusiness in Ukraine. The research has been presented during the conference "Agribusiness in Ukraine. The concept of the world championship" at the exhibition "Agrocomplex-2017 ".
Ukraine as of October 20 had threshed 47.8 million tonnes of grain and leguminous crops from 12.1 million ha, according to a posting on the website of the Agricultural Policy and Food Ministry of Ukraine.
The end markets of Ukrainian linseed were diversified considerably in the 2016/17 season, when its importers numbered 50 countries. In addition, the key buyers stepped up purchases from Ukraine: they absorbed a combined 90% of all the linseed shipped abroad.
According to the decision of the Kyiv Pechersk district court on September 29 this year, arrest on the accounts of subsidiaries of the company, which were blocked in the proceedings initiated by the General Prosecutor's Office - was removed.
Ukrainian agrarians threshed 38.5 million tonnes of grain and leguminous crops from 10 million hectares (69% of the target) as of September 18, according to the Agrarian Policy and Food Ministry's press service.
Ukraine might lose its second largest wheat export market, Egypt, due to new wheat import requirements that favour rival Russia, Ukraine's acting agriculture minister Maksym Martyniuk said.