Companies from the United Arab Emirates (UAE) are ready to invest in the production of processed foods, grain transshipment and port development, the Ministry of Agrarian Policy and Food has reported.
According to the ministry, during a working visit to Saudi Arabia, Minister of Agrarian Policy and Food Vitaliy Koval and a government delegation headed by First Deputy Prime Minister and Minister of Economy Yulia Svyrydenko met with more than 20 leading UAE companies. Among them are port operators, investment, agricultural and trading companies interested in import and export cooperation with Ukraine.
“Ukraine and the United Arab Emirates have opened a new page in economic partnership. Among the UAE companies there are those that are ready to enter the Ukrainian market. In particular, to invest in the production of processed products, such as oilseeds, rapeseed, soybeans. As well as grain transshipment and port infrastructure development,” Koval said.
The Minister emphasized that the Ukrainian agricultural sector is already actively working with the UAE. In 2024, we exported more than $197 million worth of agricultural products. Among the most popular products were fats and oils of animal or vegetable origin, meat and edible offal, cereals, vinegar, etc.
As reported, the Comprehensive Economic Partnership Agreement between Ukraine and the UAE was signed in Abu Dhabi on February 17. It provides for free trade between the two countries and liberalization of access to the UAE market for Ukrainian agricultural products, including duty-free supplies of beef, lamb, dairy and processed foods. In addition, the Saudi side has expressed interest in joint development of beef cattle breeding and production of organic products.
