Ukraine, Saudi Arabia discuss development of agricultural cooperation

Ukraine, Saudi Arabia discuss development of agricultural cooperation

Ukrinform
The first meeting of the Ukrainian-Saudi working group on trade and investment relations in agriculture took place in Kyiv.

The Ukrainian side was headed by Taras Vysotsky, Deputy Minister of Economic Development, Trade and Agriculture of Ukraine, and the Saudi side – by William England, Senior Vice President of the SALIC (Saudi Agricultural and Livestock Investment Company), the Government portal reports.

The working group was established within the framework of the memorandum between the Cabinet of Ministers of Ukraine and the Government of the Kingdom of Saudi Arabia on investment cooperation in agriculture (2017) and to implement the agreements reached following the online meeting of co-chairs of the Ukrainian-Saudi Joint Intergovernmental Commission (November 2020).

The purpose of this working group is to develop practical steps aimed at expanding the presence of Ukrainian agricultural products in the KSA market, attracting investments from KSA in agricultural development of Ukraine, using KSA logistics facilities to promote Ukrainian products to markets in other countries (Arab states of the Persian Gulf, MENA countries).

In January-November 2020, exports of Ukrainian agricultural products to the KSA amounted to USD 410.9 million (+11%).


Let’s get started read our news at facebook messenger > > > Click here for subscribe

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.

© 2015-2021 Ukrinform. All rights reserved.

Website design Studio Laconica

Extended searchHide extended search
By period:
-