KYIV. Oct 5 (Interfax-Ukraine) – Ukraine’s Agricultural Policy and Food Ministry and South Korea’s Posco Daewoo have signed a protocol of intent to implement a project to upgrade agricultural machinery in Ukraine for small and medium-sized farmers.
The ministry’s press service reported that the protocol was signed by Deputy Minister for European Integration Olha Trofimtseva and Posco Daewoo Corp. Senior Executive Vice President Kim Se-Hyun.
“With the signing of the protocol the sides agree to design a joint program on provision of small and medium-sized farmers in Ukraine with newest agricultural machinery. It will help to make an important contribution to the stabilization and consequent development of its agro-industrial complex,” Trofimtseva said.
Next step in cooperation is to be the creation of a joint working group to draft an action plan to start the implementation of the program.
