Prime Minister of Ukraine Volodymyr Groysman and Latvian Prime Minister Maris Kucinskis have discussed the possibilities of investment and innovative cooperation in the agricultural sector and logistics.
“Among the important areas of innovative cooperation, the parties defined the agricultural sector and logistics, primarily in the context of using the Zubr train route that connects the ports of Illichivsk, Odesa and Yuzhny to the ports of Riga, Ventspils, Liepaja and Tallinn,” the press service of the Cabinet of Ministers of Ukraine said.
During the meeting, the prime ministers of Ukraine and Latvia also noted that the volume of mutual trade in goods and services increased by 27% last year with Ukraine’s surplus standing at $102.6 million. Trade turnover between the two countries totaled $462 million in 2017. The key items of Ukrainian exports to Latvia are mineral fuels, oil, boilers and machinery, organic goods, food, and metal. The items of imports are pharmaceuticals, light industry goods, and land transport.
