South Korea intends to invest in Ukrainian agribusiness

South Korea intends to invest in Ukrainian agribusiness

Ukrinform
South Korean businessmen are interested in investing in the construction of mobile elevators, transshipment capacities and in a project of cultivating special elite onion varieties in Ukraine for exports to the EU.

Ukrinform learnt this from the Ukrainian Chamber of Commerce and Industry.

"Currently, Ukraine and Korea use only about 10% of the possible potential for mutual trade turnover, which could be increased up to $6-7 billion per year. We need a symbiosis of the traditional economy – metallurgy, chemistry, agricultural sector – and such new technologies as high-tech and bioengineering, which are Ukraine’s strength areas," President of the Ukrainian Chamber of Commerce and Industry Hennady Chyzhykov said during the fourth Ukrainian-Korean Business Forum in Seoul.

As noted, a number of proposals were received from the Koreans, in particular, regarding the investments in construction of the mobile elevators, transshipment capacities and in a project of cultivating special elite onion varieties in Ukraine for exports to the EU.

ol

While citing and using any materials on the Internet, links to the website ukrinform.net not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website ukrinform.net and to the website of a foreign media outlet. Citing and using materials in offline media, mobile apps, Smart TV are allowed only with written permission from Ukrinform. News and publications marked as "Advertisement" and "PR" and articles in the section "Releases" include promoted content, and an advertiser is responsible for the content.

© 2015-2024 Ukrinform. All rights reserved.

Website design Studio Laconica

Extended searchHide extended search
By period:
-