Austria has supported the Grain from Ukraine food initiative by contributing EUR2 million, the press service of the Ministry of Agrarian Policy and Food reports.
According to the report, Minister of Agrarian Policy and Food Vitaliy Koval discussed cooperation in the agricultural sector and the development of trade relations with Austrian Ambassador to Ukraine Arad Benkö. He also thanked the Austrian partners for their contribution to the Grain From Ukraine initiative of President of Ukraine Volodymyr Zelenskyy.
“This is an additional €2 million for food security, which is an important step in supporting countries suffering from hunger,” he said.
The Minister emphasized that European integration is one of the priorities of the Ministry of Agrarian Policy and spoke about the steps already taken on the way to the EU. In particular, the parties discussed the need to work together at the European Commission level to ensure unimpeded exports of Ukrainian agricultural products.
“Austria remains an important trading partner of Ukraine: in 2024, bilateral trade in food and agricultural products amounted to $210 million. Ukraine exported mainly corn, fruit and vegetable juices, soybeans, sunflower oil, as well as frozen fruits and nuts. Instead, it imported chocolate and cocoa products, ready-made sauces, animal feed, corn, and mineral and carbonated waters from Austria,” Koval explained.
The Minister also suggested considering a mechanism to insure agricultural trade operations between Ukraine and Austria against military risks.