Ukrainian President Volodymyr Zelensky during his working visit to Japan met with top managers of the Japan Association of New Economy (JANE) and said that the IT sector is one of the most dynamically developing in Ukraine. Zelensky also shared plans to develop it.
“We plan to develop innovative infrastructure by opening business incubators, accelerators and innovative platforms, opening landmark R&D centers of global corporations, creating innovative or startup platforms in higher education institutions,” the press service of the Office of the President said on Wednesday morning, citing Zelensky.
According to the report, Japanese businessmen became interested in the State in the Smartphone project. Zelensky said that the digitalization reform is under his personal control.
The head of state also announced Ukraine’s desire to create a competitive IT product.
“In the Western world, our IT specialists are perceived as cheap labor. It is important for us to change this. We want to create IT products and sell them in the world,” he said.
Representatives of the association told the President of Ukraine about examples of successful innovative projects for the use of artificial intelligence in Japan, which have already proved their effectiveness in various fields of life. It is about tourism, entertainment and cybersecurity.
KSG Agro next year plans to boost grain and wheat flour export to Oman, Qatar, Libya and Angola 2.8 times compared with 2019, to 50,000 tonnes.
The holding said in a press release that in 2019 KSG Agro plans to export up to 18,000 tonnes of grain and flour to these countries, and at present, 11,800 tonnes of goods have been delivered.
The company said that in 2019, the agricultural holding exported cereals and flour exclusively to Oman, Qatar, Libya and Angola.
“We are very interested in exporting to the markets of the Middle East and Africa, where there is a demand for our products. Expanding agricultural exports allows us to diversify sales channels and receive foreign exchange earnings, as well as increase margins,” KSG Agro Board Chairman Serhiy Kasianov said.
In 2018, KSG Agro delivered 5,000 tonnes of corn to Oman and Qatar, in 2019 the export of this crop to two countries amounted to 5,300 tonnes. In addition, this year, the agricultural holding exported feed barley to these two countries in the amount of 4,000 tonnes. Also in 2019, KSG Agro delivered 2,500 tonnes of wheat flour to Libya and Angola.
“Thus, the total export volume of agricultural products of the agricultural holding in 2019 increased 2.4 times compared to 2018,” KSG Agro said.
KSG Аgro is a vertically integrated agricultural group, working in almost all the segments of the agricultural market, including the production, storage, processing, and sale of agricultural products.
Commodity pattern of Ukrainian export in Jan-July 2019
Main trade partners of Ukraine in % from total volume (export from Ukraine to other countries) in Jan-July 2019
The U.S. Department of Agriculture (USDA) reviewed downwards its forecast for exports of rapeseeds from Ukraine in the 2019/20 agricultural year (September-August) by 0.1 million tonnes compared with the August forecast, to 2.7 million tonnes.
According to the September report, published on the USDA website, the forecast for the export of Ukrainian soybean meal was reduced by 0.2 million tonnes to 0.7 million tonnes due to stronger domestic demand.
In general, the forecast for the export of oilseeds from Ukraine in September was reduced by 0.1 million tonnes compared to the forecast in August, to 4.75 million tonnes, meal exports – by 0.2 million tonnes, to 5.8 million tonnes, while at the same time, the forecast for the export of vegetable oil remained at 6.3 million tonnes, oilseed refining – at 17.15 million tonnes.
As reported with reference to the Ministry of Agricultural Policy and Food, in 2018, Ukraine harvested 13.7 million tonnes of sunflower, 4.4 million tonnes of soybeans, and 2.6 million tonnes of rapeseed.
The U.S. Department of Agriculture (USDA) reviewed upwards its forecast for export of barley from Ukraine in the 2019/20 agricultural year (July-June) by 0.4 million tonnes compared with the August forecast, to 4.8 million tonnes, and barley harvest forecast – by 0.55 million tonnes, to 9.2 million tonnes.
According to the September report, published on the USDA website, the forecast for the production of Ukrainian wheat was revised downwards by 0.5 million tonnes, to 28.7 million tonnes, the forecast of export of wheat remained at 19.5 million.
USDA in September reviewed downwards the forecast for production of corn in Ukraine by 0.5 million tonnes, to 36 million tonnes, and the export forecast remained unchanged, being 30 million tonnes.
In general, the forecast for grain harvest in 2019/20 agri-year in Ukraine is reviewed downwards to 74.9 million tonnes (0.45 million tonnes less than in the August forecast), the export forecast was increased to 54.44 million tonnes (0.4 million tonnes more).
