Ukraine, Argentina to cooperate in agricultural sector

Ukraine and Argentina are expected to establish cooperation in livestock farming, winegrowing and winemaking, scientific and technological development, as well as jointly create a logistics center and agrarian cooperatives.

The press service of the Ukrainian Agrarian Policy and Food Ministry reports this, citing Ukrainian Agrarian Policy and Food Deputy Minister for European Integration Olga Trofimtseva.

“Another interesting area for cooperation and implementation of joint projects can be the development of agricultural machinery and equipment in Ukraine. Argentina intends to export machinery and separate component parts to Ukraine. We want to develop domestic production, and, thus, we see great opportunities for cooperation in this area, including exports to third countries,” Trofimtseva said.

According to her, the Ukrainian side is also interested in cooperation with Argentinian partners, related to water resources management and irrigation systems. In addition, it is important for Ukraine to increase the volume of agricultural exports to Argentina.

A reminder that the trade turnover between Ukraine and Argentina was $53.9 million in 2016. Ukraine's imports from Argentina came to $53.85 million. Mostly, Ukraine imported fish, crustaceans, mollusks, fruit, nuts and zest, oilseeds, tobacco and tobacco products.

IC UAC according to Ukrinform.