Business news from Ukraine

Business news from Ukraine

Germany to deliver EUR9 million to Ukrainian agrarian sector in one year for purchase of generators

28 November , 2022  

Germany will support Ukraine’s agricultural sector by the end of this year providing EUR 9 million to buy generators and help restore war-affected farms, while the countries are coordinating a joint EUR 5 million project to develop Ukrainian horticulture.
According to the website of the Ministry of Agrarian Policy and Food on Friday, the German Minister of Agriculture Cem Ozdemir and the head of the Ukrainian Ministry of Agriculture Mykola Solskyi have agreed on the financial aid.
According to the department, Solskyy said that the project is very relevant to Ukraine on the background of the government program, which provides an opportunity to receive a grant for the development of their own horticulture, berry growing and viticulture, and which enjoys great popularity among farmers. Thus, during the five months since its launch grants for more than 240 million UAH have been agreed upon.
In addition, the ministers discussed enhancing cooperation on the Grain from Ukraine food initiative, within the framework of which the United States through its Agency for International Development (USAID) will provide up to $20 million. Solskyy also thanked Germany for being one of the first countries that joined this humanitarian program and funded the transportation of a shipload of grain from Ukraine to Ethiopia.
“Many countries have indicated that they are willing to participate in this program. This is important because of several aspects. First, it is right from the point of view of humanitarian relations in the world. Secondly, Africa needs to know who really cares about it, and because of the actions of which country they are suffering. We are working to make sure that the grain corridor continues to work as long as possible so that we can get our food to where it is needed all the time. And, of course, we will be grateful for the continued support of our partners,” the Ministry of Agrarian Policy quoted Solskyi as saying.

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