Business news from Ukraine

GROYSMAN, CAMERON DISCUSS MEASURES TO ATTRACT FOREIGN INVESTMENTS TO UKRAINE

KYIV. March 30 (Interfax-Ukraine) – Ukrainian Prime Minister Volodymyr Groysman and former British Prime Minister David Cameron have discussed reforms in Ukraine.
“This morning I had an excellent meeting with former British Prime Minister David Cameron, we discussed in detail the reforms in Ukraine, the government’s measures to attract foreign investment, and the situation in Donbas,” Groysman wrote on his Facebook page.
According to him, Cameron supports the Ukrainian authorities’ efforts both regarding the reform of the state and the confrontation to the Russian aggression in Ukraine’s east.
“We agreed on a new meeting, this time in London, as part of a high-level international conference, which we will organize in July together with our international partners and which will deal with the reforms in Ukraine,” the Ukrainian prime minister said.
Cameron is currently on a visit to Ukraine.

UKRAINE, SOUTH KOREA TO DEVELOP AEROSPACE COOPERATION

KYIV. March 30 (Interfax-Ukraine) – Ukraine and South Korea are working on boosting cooperation in the aerospace area.
The press service of the State Space Agency of Ukraine (SSAU) reported that further development of promising cooperation in the sphere was discussed at the fifth meeting of the Ukrainian-South Korean committee for scientific and technical cooperation of the relevant joint working group.
“The sides discussed the state and prospects for development of Ukrainian-South Korean cooperation in the current cooperation spheres and studied the opportunities of developing cooperation in new areas, the satellite segment and the application of global space systems in the public economy sphere,” the press service said.
Representatives of South Korean Ministry of Science, ITC and Future Planning, Korea Aerospace Research Institute (KARI), the South Korean Embassy in Ukraine and representatives of SSAU, Yuzhnoye (Pivdenne) Design Bureau, Research and Production Enterprise Hartron-Arkos Ltd. and the National Center of Space Facilities Control And Test took part in the meeting.
South Korea is a promising partner of Ukraine in cooperation in the aerospace sphere in Southeast Asia. The sides have successful cooperation in the launch services: in 2013-2015 Dnepr carrier rocket placed South Korean satellites KompSat-5, STSat-3 and KompSat-3A to orbit.
Yuzhmash (Pivdenmash) is holding talks with KARI on expanding cooperation in the creation of aerospace equipment. Recently Yuzhmash finished a contract signed with KARI in 2016 to supply equipment to the customer.

TRADE MISSION TO INDIA FOR UKRAINIAN AGRIBUSINESS SCHEDULED FOR SEPT – MINISTRY

KYIV. March 30 (Interfax-Ukraine) – The trade mission to India for representatives of Ukraine’s agricultural and food industry will be organized in September 2017, Ukraine’s Agricultural Policy and Food Ministry reported on Wednesday.
“As usual, this will be joint work of the Agricultural Policy and Food Ministry, Economic Development and Trade Ministry and Export Promotion Office. September was selected not by chance. In this period Mumbai will host one of the largest exhibitions “Annapoorna – World of Food India 2017,” Deputy Agricultural Policy and Food Minister for European Integration Olha Trofimtseva said.
The ministry said that in 2016 India was first among the countries where Ukrainian food was exported. Its share of exports was 10.2%.

AVELLANA GOLD TO START DISPOSING WASTE, RECLAIM MUZHIYIVSKE POLYMETALLIC ORE FIELD IN 2017 – AUTHORITY

KYIV. March 30 (Interfax-Ukraine) – Cyprus-based Avellana Gold intends to start disposing waste accumulated by the previous deposit user and reclaiming land parcels on the Muzhiyivske polymetallic ore field (Zakarpattia region) in 2017, the press service of the State Service for Geology and Deposits has reported.
The company said that filters to neutralize acid waters and the heavy element water control system have been installed. The operation of the settlement pond near Muzhiyevo is being resumed.
In 2016, Avellana Gold acquired Carpathian Ore Company and Western Geological-Prospecting Company that have permits to explore polymetallic ores in Zakarpattia region (Muzhiyivske, Berehove and Kvasivske fields)
Brian C Savage is head and shareholder of Avellana Gold.

UKRAINE SOWS SPRING CROPS ON 845,000 HA – MINISTRY

KYIV. March 29 (Interfax-Ukraine) – Ukraine has started the spring sowing campaign in all regions and sowed crops on 845,000 ha or 35% of the target (2.4 million ha), Ukraine’s Agricultural Policy and Food Ministry has reported.
According to a posting on the ministry’s website, spring wheat was sowed on 43,000 ha or 23% of the target being 190,000 ha, spring barley – on 578,000 ha or 33% (1.7 million ha), oats – on 42,000 ha or 20% (208,000 ha) and peas on 183,000 ha or 66% (276,000 ha).
Fertilizers were applied to 6.8 million ha of areas with winter crops or 95% of the target (7 million ha).
As reported, referring to the ministry, it is planned to sow spring crops on 7.2 million ha in 2017, including early spring crops on 2.4 million ha.

UKRAINE MORE THAN TRIPLES EXPORTS OF CRANBERRIES, BILBERRIES IN 2016

KYIV. March 29 (Interfax-Ukraine) – Ukraine exported 2,900 tonnes of cranberries and bilberries in 2016, and this was 3.3 times more than in 2015, Ukraine’s Agricultural Policy and Food Ministry has reported.
According to a Tuesday posting, the largest importers of Ukrainian berries were Poland (1,400 tonnes), the Netherlands (613 tonnes) and Belarus (541 tonnes). In general, exports of cranberries and bilberries brought $6.9 million of currency income last year.
The ministry said that exports of raspberries, blackberries and mulberries more than doubled, to 720 tonnes and exports of strawberries grew by 1.7 times, to 2,270 tonnes.
“First since 2013 Ukraine exported 79 tonnes of currant for $18,200,” the ministry said.