For Ukraine, the agro-industrial complex is of peculiar importance, as the agricultural sector employs about 3 million people and our country enters the list of the leaders by export in the world. Prime Minister of Ukraine Volodymyr Groysman noted during his visit to the international exhibition AGRO 2019. This is the largest agricultural exhibition of Ukraine and Eastern Europe, which gathered together companies from the USA, Canada, Germany, Poland, China, Latvia, Belarus, Italy, Turkey, India. Moreover, 20 regions of Ukraine have their expositions there.

"Ukraine satisfies its demands in agricultural products and we enter TOP-10, and along some positions Ukraine ranks Number 1 in the world by export of agricultural products", the Head of Government said.

A few years ago, the Government introduced programs of support for the agro-industrial complex that are still in effect. "The Government has initiated a program of cheaper Ukrainian agricultural machinery, which compensates for 25-45%, a program to support the construction of new farms, laying out gardens, and the livestock breeding", Volodymyr Groysman reminded.

According to the Prime Minister, Government support programs for the agro-industrial complex have a positive effect, in particular, facilitate increasing the yield.

"Last year Ukraine saw a record harvest of grain amounting 70 million tons, having harvested 66 million tons in the previous year. The next challenge is to process agricultural products to apply maximally Ukrainian labor and produce added value", said Volodymyr Groysman.

It should be noted that during the first four months of 2019 Ukrainian agricultural exports grew by 18.6% (as compared to the analogous period of 2018). The largest share of agricultural products is exported to the market of Asia, while the European Union market ranks second.

Background

In 2019, the Government allocates UAH 5.9 billion for programs of development of agro-industrial complex.

In particular:

UAH 3.5 billion – to support cattle breeding;

UAH 881.8 million – to partially compensate for agriculture equipment and machinery;

UAH 800 million – to support farms;

UAH 200 million – to disburse loans to farms;

UAH 400 million – to support hop growing, laying out young gardens, vineyard and berry fields.