IRANIAN BUSINESS INTERESTED IN LEASING UKRAINIAN FARMLAND FOR PLANTING GRAIN CROPS

Business news from the Ukrainian League of Industrialists and Entrepreneurs

IRANIAN BUSINESS INTERESTED IN LEASING UKRAINIAN FARMLAND FOR PLANTING GRAIN CROPS

9 Oct , 2017  

KYIV. Oct 9 (Interfax-Ukraine) – Businessmen from Iran are interested in leasing of Ukrainian farmland for planting wheat, corn, soybeans, rapeseeds and other crops, according to a posting on the website of the Chamber of Commerce and Industry of Ukraine.
“Members of the delegation are interested in involvement in exterritorial agriculture – leasing of farmland for planting wheat, corn, soybeans, rapeseeds and other crops. The initial figure for leasing is 5,000 ha. The ambitious project is intended to provide the Persian Gulf market with agricultural products, as there is a high need in them on this market,” the chamber said after a meeting of its leaders with a delegation from Iran.
The sides also discussed the possibility of buying agricultural companies and create joint ventures with Ukrainian partners. In addition, Iran is interested in purchase of finished products.
The chamber said that a total of 40 companies with Iranian capital are registered in Ukraine now. The share of Ukrainian food exported to Iran exceeds 60% of their total exports. Currently Iran is the active importer of Ukrainian grain.