The enactment of long-awaited laws to permit the selling of agricultural land was touted as key to President Viktor Yanukovych's agenda. But, after more than two years in power, the effort has stalled. Long-awaited changes were supposed to be adopted by parliament in 2011 to create an agricultural land market, stripping Ukraine of another of its socialistic Soviet vestiges.
Ukraine's parliament voted Friday to end duties on grain exports as of next year, in a move industry sources say will boost shipments from this year's expected bumper harvest.
Iowa native Justin Bruch marveled at the opportunity when Morgan Stanley (MS) called in late 2007 to recruit him for an unusual assignment.
Today, October 6 2011, Leonid Kozachenko, President of Ukrainian Agrarian Confederation, had a working meeting with Gary Vinokur, Director General of Merrill Lynch investment bank.
The customs duties on grain exports present a serious risk to the economy of the country and the balance of payments, declared Petr Poroshenko, Head of the Council of the National Bank of Ukraine, on October 5.
P.Poroshenko stressed that to date the current account deficit and the risk of deficit of the balance of payments are the key risks for the country.
Astarta strengthened their leading position as the largest Ukrainian sugar producer with 13% share of domestic sugar production in the 2010 production season. Astarta has a major contract to supply sugar to Coca-Cola Ukraine.
Q&A with Cargill chief executive Greg Page on the gifts that nature gave to Ukraine.
Ukraine and Russia could substantially boost crop and food output if they lift export restrictions and open up more to investment, the head of U.S. agribusiness giant Cargill said during a Kyiv Post interview.
Morgan Williams writes: Ukraine's huge potential is being unmet.
Ukraine historically has been called “the breadbasket of Europe.” Even this underestimates Ukraine’s potential. The nation today can be a huge “market basket” of high-value products, not a “breadbasket” of low-value products.
Land reform has started up in Ukraine. In the course it provides the creation of special public institution for land management, the ban on land sales to foreigners and legal entities, limitation of the areas one buyer can get. How much will the land cost? What a farmer needs to know to avoid a bad bargain, and when will the sale of land start? Guests of “IZVESTIA” in Ukraine” Press Club were searching for the answers to these questions.
A letter from E.Morgan Williams, President of U.S-Ukraine Business Council addressed to The US Senate on behalf of the USUBC Agribusiness committee.