Business news from Ukraine

Business news from Ukraine

Italy launches €9 mln agricultural project in Odesa region

On Thursday, in the presence of Ukraine’s Minister of Agrarian Policy and Food Vitaliy Koval, Italian Ambassador to Ukraine Carlo Formosa signed an agreement with the International Center for Advanced Mediterranean Agronomic Research in Bari (CIHEAM) to launch the €9 million Pro.UKR project.

The Italian embassy toldInterfax-Ukraine that the agreement aims to promote sustainable agricultural development and food security in the agricultural areas of Odesa region.

The project, which will strengthen the production, technical and organizational capacities of local agricultural producers, livestock enterprises and cooperatives, will be fully implemented in Odesa, a city over which Italy has taken patronage for recovery, demonstrating Italy’s commitment to one of the regions most affected by the war. The program, developed jointly with the Ministry of Agrarian Policy and Food of Ukraine and technical experts from Odesa Oblast, will include the provision of tools for production in the fields of agriculture and livestock, the introduction of new technologies and sustainable irrigation systems.

“The agri-food sector is one of the key components for Ukraine’s economic recovery, particularly in the agricultural areas where small businesses have been particularly hard hit by the conflict. Italy reaffirms its support through a concrete project aimed at strengthening food security and promoting sustainable agricultural development,” said Ambassador Formosa.

The Pro.UKR program is part of a broader effort by Italy to support the recovery of Ukraine and the Odesa region, with the aim of contributing to the country’s economic and social resilience in the current difficult environment.

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