Business news from Ukraine

Business news from Ukraine

Ukraine and World Bank strengthen cooperation in agricultural sector

12 June , 2025  

The Ministry of Agrarian Policy and Food and the World Bank plan to expand cooperation in the development of Ukraine’s agribusiness sector.

The agreement was reached following talks between Minister of Agrarian Policy and Food Vitaliy Koval and World Bank Managing Director for Operations Anna Bjerde, the ministry’s press service reported.

According to the report, the parties agreed to expand cooperation in three areas: preparing analytical data for decision-making in the agribusiness sector; institutional support for the Ministry of Agrarian Policy with a focus on integration into EU policies and standards; implementation of programs for more than 200,000 small and medium-sized farmers as the basis for Ukraine’s agricultural sustainability.

“Our goal is not only to preserve but also to transform Ukrainian agriculture in line with EU standards and opportunities. And the advocacy platform provided today by the World Bank team in Vienna is actually the key to faster and more successful European integration,” Koval emphasized.

In addition, during the meeting with World Bank representatives led by Regional Director for Sustainable Development in Europe and Central Asia Sameh Wahba, the possibility of deepening cooperation in the field of irrigation was discussed. In particular, they talked about restarting the irrigation system development plan to get help in more regions of Ukraine.

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