Business news from Ukraine

Business news from Ukraine

UKRSADPROM AND U.S. EMBASSY PREPARE REPORT ON BUSINESS PROSPECTS OF FRUITS AND VEGETABLES PRODUCTION IN UKRAINE

16 August , 2017  

KYIV. Aug 16 (Interfax-Ukraine) – Ukraine ranks fifth among European Union countries in terms of production of horticultural and berry products and has a great potential in this direction, according to a report on the business prospects of Ukraine in production, storage, processing and packaging of fruits and vegetables.
“The purpose of our research is to show the potential of the Ukrainian fruit and vegetable market to American suppliers of equipment and technologies. We should do this because the news about Ukraine in the U.S. news space is not very positive. The main goal is to give American companies the information so that they get interested in supplying technology and equipment and in investments,” U.S. Embassy Commercial Officer in Ukraine Michele Smith told Interfax-Ukraine.
According to her, work on research of the fruit and vegetable market of Ukraine began in November 2016. The partners of the embassy on the project became the Ukrsadprom association and the USAID Agriculture and Rural Development Support Project.
According to the study, in 2016 Ukraine increased exports of vegetables by 57%, to $153 million compared to 2015, by increasing supplies to the EU. In addition, the new markets of South Asia (Bangladesh, Nepal, and Sri Lanka) and Africa (Kenya and Guinea) were opened.