According to the Ukrainian Prime Minister, it remains a priority for the government to help the agricultural sector reach its potential soon.
Ukraine remains one of the world’s largest exporters of agricultural products. Despite droughts and floods last year, Ukraine still managed to export more than 25 million tons of grain in 2020 and became increasingly important for food security. The Ukrainian Prime Minister Denis Shmyhal says that the Ukrainian government will do everything to help the sector grow even more in the years to come.
“Our priority remains the development of the agricultural sector. This means opening and liberalizing the land market, improving land-reclamation infrastructure, and improving the quality and safety of food. Ukraine must become one of the centers of food security for the world, and we call on investing in this,” Shmyhal said at the fourth Ukrainian-German Economic Forum, according to Ukrinform.
“The government focuses on the effective implementation of land reform, decentralization, and transformation of coal regions with the help of German partners,” he said and expressed hope that Germany will help Ukraine even more.
Minister: Export will grow
Minister of Agrarian Policy and Food of Ukraine Roman Leshchenko has recently told Bloomberg that he experts agricultural exports to increase in the following years. It will deepen Ukraine’s role in the world’s food security.
“The last thing we should do is to play games with protectionism, as we have a potential to become a food marketplace for the whole world,” Leshchenko said, referring to how some countries have decided to restrict exports in 2020 due to lower outputs in the agricultural sector.
Ukraine is the world’s fourth-largest corn exporter, and increasing Chinese demand in recent years has made export prices spike for some products.