Southeast Asia is a strategic export direction for Ukrainian agrarians – Ministry of Agrarian Policy

Southeast Asia is a strategic export direction for Ukrainian agrarians – Ministry of Agrarian Policy

The markets of South-East Asia is a strategic direction for the exports of Ukrainian agricultural products, declared the Deputy Minister of Agrarian Policy and Food of Ukraine for European Integration, Olga Trofimtseva on November 9.

To date, Asian countries take a significant share in the regional exports structure of Ukrainian agricultural products – more than 45% (nearly 5 bln USD). At the same time, China and India are the leading two countries, importing Ukrainian grain and oilseed crops. But Ukrainian agricultural producers do not focus on the possibility of exports of value-added products, livestock products and organic products to the high-margin markets such as Japan, South Korea, etc. Ukraine has a great opportunity of pulses supplying to India, she said.

According to O.Trofimtseva, cooperation with Asian countries has both short-term and long-term perspectives for Ukrainian producers. In addition, it is important to remember the role of Asian countries as potential investors in the agricultural sector of Ukraine.

Also, the Ministry of Agrarian Policy together with representatives of the Ministry of Economic Development, the Ministry of Foreign Affairs and the Chamber of Commerce support Ukrainian businessmen, who want to develop on the Asian markets. The officials provide all necessary information, as well as capture partners, organize the required business events or trade delegations to the target countries.