Business news from Ukraine

UKRAINE AGREES ON EXPORT OF LIVESTOCK TO KUWAIT

The Ministry of Foreign Affairs of Ukraine and the State Service for Food Safety and Consumer Protection have agreed on the form of an export veterinary certificate for the supply of small livestock to Kuwait with the relevant authority of this country, according to a posting on the website of the State Service for Food Safety and Consumer Protection.
“Ukrainian producers engaged in breeding and raising small livestock are able to compete in the global market. The opening of the Kuwait market for the export of small ruminants creates additional opportunities for them. For our part, my colleagues from the Ministry of Foreign Affairs and I will continue opening new export markets,” Head of the authority Vladyslava Mahaletska said.
The form of this certificate is posted on the website of the State Service for Food Safety and Consumer Protection.
As reported, in May, the State Service for Food Safety and Consumer Protection agreed on the form of an export veterinary certificate for the supply of milk and dairy products to Kuwait.
Over the past six months, in April, eight new markets were opened for Ukrainian exporters, 63 commodity items were repeatedly approved in 11 states and international economic organizations. Markets in Japan, Libya, Argentina and Lebanon were opened for milk and dairy producers. Domestic producers were able to supply eggs to Ethiopia, animal protein to Serbia, and cattle to the UAE. The export of arachnids (insects used to protect agricultural crops) is open to the Lithuanian market.

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UKRAINE CAN EXPORT DAIRY PRODUCTS AND MILK TO KUWAIT

The Ministry of Foreign Affairs of Ukraine and the State Service for Food Safety and Consumer Protection have agreed with the competent authority of the State of Kuwait on the form of an export veterinary certificate for the supply of milk and dairy products to this country, the state food service said in a press release on Tuesday.
“The Gulf region, in particular Kuwait, is of interest to many Ukrainian food producers. I am pleased to announce that today we have created additional opportunities for them to earn money in this market thanks to the joint work of the Ministry of Foreign Affairs and the State Food Service. In the long term, this will also strengthen Ukraine’s position as a supplier of agricultural and food products to Kuwait,” Ukrainian Foreign Minister Dmytro Kuleba said.
The form of this certificate is posted on the website of the State Service for Food Safety and Consumer Protection.
“The work on opening new export markets is extremely important, since an increase in Ukrainian exports is a guarantee of the economic growth of our state,” Head of the service Vladyslava Mahaletska said.

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KUWAIT INTENDS TO INVEST IN UKRAINIAN CANCER TREATMENT SYSTEM

The Kuwait Fund for Arab Economic Development is ready to provide Ukraine with a loan for investment projects in the field of cancer treatment, Ukraine’s Ministry of Health said on its official website. According to its data, the issues of cooperation were discussed at the fourth meeting of the Ukrainian-Kuwaiti intergovernmental commission on economic, technical and trade cooperation. “In particular, the parties discussed investment projects for cancer treatment and bone marrow transplantation. It’s not a secret to anyone that these issues are the most painful for our healthcare system. For example, this year about UAH 580 million has been spent on the Treatment Abroad program from the national budget. That is why we need investment projects that would develop transplantation in Ukraine,” Deputy Health Minister Pavlo Kovtoniuk said.
During the meeting, Health Minister of Kuwait Basel Hamoud Al-Sabah and Kovtoniuk discussed the progress of healthcare reforms in Ukraine.
“The Kuwaiti side is very interested in the changes we are introducing, because in the near future we plan to significantly reform the financing system of this industry. The Deputy Health Minister of Kuwait noted that the system should be as effective as possible regardless of how much money the country allocates for medicine. That is why he considers primary development to be the priority and is interested in our experience,” Kovtoniuk said.

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UKRAINE OFFERS KUWAIT INVESTMENT AUTHORITY TO TAKE PART IN PRIVATIZATION

First Deputy Minister of Economic Development and Trade of Ukraine Maksym Nefyodov and representatives of the leadership of Kuwait Investment Authority (KIA) on August 14 met in Kyiv to discuss the possible participation of the Kuwaiti side in the privatization of Ukrainian state-owned enterprises, the ministry has said. “The KIA leadership noted the Kuwaiti side is interested in investing own funds in Ukrainian projects and the assets of investment funds in the initial placement of shares of Ukrainian companies on the world exchanges, real estate, financial market, services,” it said.
In particular, the first investment director of KIA and the deputy head of the mission, who attended the meeting, drew attention of the ministry representatives to the readiness to invest through the purchase of profitable enterprises, as well as trade and office centers, the report said.

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