Saudi Arabia is interested in developing cooperation with Ukraine in the agricultural sector, according to Minister of Agrarian Policy and Food Vitaliy Koval, who is on a working visit to the country as part of a Ukrainian government delegation.
According to the Ministry of Agrarian Policy and Food on its website, representatives of the Ukrainian delegation held a meeting with Saudi businessmen, which was attended by more than 80 representatives of various business sectors interested in cooperation with Ukraine.
“I thanked them for their support of our country and for believing in its future despite everything. For example, Continental Farmers Group is a company with Saudi capital that already cultivates 200 thousand hectares of Ukrainian land. They are one of the top 10 largest taxpayers in the agricultural sector, having paid more than UAH 1.6 billion in taxes at various levels last year. And they are planning to expand their capacities. In particular, they plan to grow grain and potatoes in the western regions,” the Minister said.
Another example, according to him, is the Saudi company SALIC, which invested in one of the largest Ukrainian agricultural holdings, MHP, acquiring 12.6% of their shares. In particular, the Minister discussed possible expansion of cooperation with the CEO of SALIC.
“I am pleased that the Saudi side sees the prospects for development in Ukraine. We discussed with them the possibility of cooperation in growing crops, veterinary medicine, and feed production. The business also expressed interest in jointly developing beef cattle breeding and organic products. We will continue to work,” the minister summarized.
President Volodymyr Zelensky during a meeting with businesses in Rivne region on Thursday instructed the government to develop a program to compensate for the construction of dairy farms, according to the President’s website.
“During the meeting they discussed regulation of the timber market, efficient use of land and development of dairy farming. The President instructed officials to elaborate and solve these issues, as well as to develop a program of compensation for the construction of dairy farms,” – noted on the website of the Office of the President.
As reported, the Cabinet of Ministers at a meeting on February 3 approved the concept of the state targeted economic program for the development of livestock farming for the period up to 2033. According to the concept, the state targeted economic program of livestock development should meet the needs of the domestic market in safe and quality food products of animal origin; create progressive forms of entrepreneurial activity and organizational and economic conditions for the motivated development of the livestock industry.
It will, in particular, promote the development of farming, which will ensure further integration into the infrastructure of the agrarian market (increasing the share of livestock products production from farms in the category of enterprises up to 10%). In addition, the program will stimulate the development of capacities for processing of livestock products by increasing the volume of dairy raw materials for industrial processing up to 6 million tons.
It is expected that the set of measures proposed by the government will contribute to the stabilization and increase in the number of farm animals, in particular, by providing the livestock industry with pedigree (genetic) resources of Ukrainian origin: cattle – up to 50%, pigs – up to 50%, horses – up to 70%, sheep – up to 80%, goats – up to 50%, poultry – up to 50%, bees – up to 100%).
The concept of the state program is aimed at ensuring stable veterinary and sanitary condition, biological, infectious and invasive safety of livestock facilities and prevention of negative environmental consequences of production activities of livestock enterprises for handling animal by-products not intended for human consumption.
It also provides for the promotion of exports of livestock food products and the opening of new markets.
The concept envisages support for small and medium-sized producers, stimulating the consolidation and development on cooperative basis of farms and personal peasant farms, which can be the main ones for handicraft processing activities and organic production of products using direct channels of product sales.
As of February 14, Ukraine exported 27.275 mln tonnes of grains and pulses since the beginning of 2024-2025 marketing year, of which 1.585 mln tonnes were shipped since the beginning of the current month, the press service of the Ministry of Agrarian Policy and Food reported, citing the State Customs Service.
According to the report, as of the same date last year, the total shipments amounted to 26.269 million tons, including 2.393 million tons in February.
In particular, since the beginning of the current season, Ukraine has exported 11.464 mln tonnes of wheat (10.14 mln tonnes in 2023/24 MY), 2.106 mln tonnes of barley (1.507 mln tonnes), 10.8 thsd tonnes of rye (1 thsd tonnes), and 13.27 mln tonnes of corn (14.355 mln tonnes).
The total export of Ukrainian flour since the beginning of the season as of February 14 is estimated at 45.5 thsd tonnes (in 2023/24 MY – 70.6 thsd tonnes), including wheat – 42 thsd tonnes (66.9 thsd tonnes).
In January 2025, TAS Insurance Group (Kyiv) paid UAH 202.6 million under the concluded insurance contracts, which is 26.5% more than the amount of the company’s indemnities for the same month in 2024.
According to the insurer’s website, 27.63% of the total volume of payments was for hull insurance (UAH 56 million), which is 37% more than in January of the previous year, 31% or UAH 62.7 million (+7.8%) for MTPL, and 24.9% for Green Card.
The share of VHI in the company’s claims portfolio in December amounted to 15.9%, or UAH 32.13 million (+28.3%).
The company paid out UAH 14.82 million under other insurance contracts.
TAS BUSINESS was registered in 1998. It is a universal company offering more than 80 types of insurance products in various types of voluntary and compulsory insurance. It has an extensive regional network: 28 regional directorates and branches and 450 sales offices throughout Ukraine.
Quotes of interbank currency market of Ukraine (UAH for €1, in 01.10.2024-31.10.2024)
Source: Open4Business.com.ua
Elections in Ukraine should be held no earlier than six months after the end of martial law, said David Arakhamia, head of the Servant of the People parliamentary faction.
“Let me remind you once again that, first of all, elections are impossible during martial law. And secondly, within the framework of the Jean Monnet Dialogue, the leaders of all factions and groups have agreed that elections will be held no earlier than 6 months after the end of martial law,” he wrote in Telegram.
He also recommends that everyone once again read the text of this document with the conclusions adopted during the ninth Monet Dialogue (Jean Monnet Dialogues for Peace and Democracy), which he attached below the text of the statement.
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