Director of New World Grain Ukraine (part of Soufflet Group) Mykola Horbachov has been appointed head of the Ukrainian Grain Association (UGA).
Ukrainian agrarians are the main power which makes economy of the country recover after two-year recession. Ukraine is starting to live up to its reputation as Europe’s breadbasket, says Bloomberg in the article 'New ‘Locomotive’ Powering Ukraine as Economy Retools After War'.
Exports of wheat, barley and sunflower oil are at or near all-time highs, part of an agricultural revival that began to take hold in 2013. The industry’s rise coincides with declines in export mainstays such as steel and iron ore, which are produced largely in the nation’s east and have suffered amid the conflict there with Russian-backed insurgents. Trade data due Tuesday are set to underline the shift.
Starting from 2017 farmers will receive partial compensation of the cost of agricultural machinery in the amount of 15% of its cost via banks if the production localization for the machinery in Ukraine exceeds 35%.
Canada annually imports goods worth about $420 billion, opening great opportunities for Ukraine. Deputy Economic Development and Trade Minister of Ukraine Natalia Mykolska said this on the air of UA|TV channel.
The United Arab Emirates (UAE) is expected to introduce new control regulations for halal products from February 2017, which may result in a decrease in Ukraine's food exports to this country.
Ukrainian poultry products could return to the Israeli market by the end of this spring, Ukraine's Agricultural Policy and Food Ministry has reported.
Ukraine and the European Commission have agreed to resume exports of poultry products from Ukraine to the EU countries. As of today, exports of chicken meat to the European market have been already launched, the press service of the Agrarian Policy and Food Ministry reports.
In 2016, more than half of Ukraine's grain exports were sent to Asian countries, namely China, India, Indonesia and Thailand. This is reported by the press service of the National Research Center 'Institute of Agrarian Economics' (IAE), citing IAE Deputy Director Mykola Puhachov.
The Ukrainian Agrarian Policy and Food Ministry with the technical assistance from the Food and Agriculture Organization of the United Nations (FAO) is planning to implement a pilot project on voluntary consolidation of agricultural lands belonging to small owners in Kyiv and Kherson regions.
Currently, 277 Ukrainian enterprises have the right to supply their products to the European Union countries. Agrarian Policy and Food Minister of Ukraine Taras Kutovyi said this during the meeting with EU Commissioner for Health and Food Safety Vytenis Andriukaitis within the framework of the Global Forum for Food and Agriculture in Berlin, the Government portal reports.