Ihor Petrashko announces steps to support Ukrainian agro-industrial complex

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Open source

On August 11, a panel discussion “State support for the agro-industrial complex: focus in 2020 and strategy for 2021-2023″ was held within the framework of the business part of the 32nd International Agricultural Exhibition “Agro-2020”, with the participation of the Minister of Economic Development, Trade and Agriculture Of Ukraine Ihor Petrashko and Deputy Minister of Economic Development, Trade and Agriculture Taras Vysotsky.

Representatives of the Ministry of Economy, specialized associations, regional regional administrations, agricultural enterprises, and the media also took part in the event.

“Agrarians and farmers who use state support programs have already become convinced of their stability and effectiveness. The main programs are aimed at supporting, first of all, small agricultural producers and farmers, developing local sales markets and opening new export markets. Today we will discuss the programs of the current year, as well as announce changes to the programs for 2021-2023, which, we believe, will be useful for the development of the agricultural industry,” Petrashko said.

He added that currently Ukraine produces over 70 million tons of grain, and Ukraine’s potential is 100-120 million tons. An important factor in obtaining stable yields is the renewal of agricultural machinery.

In his turn, Vysotsky spoke in detail about the new support programs proposed to be implemented for 2021/2023. Priority areas were determined at numerous meetings with farmers and specialized committees. In particular, it provides for financial support for activities in the agro-industrial complex (loans, insurance), support for niche crop production (food security); support for farming; support for horticulture, viticulture, hop growing; potato growing; livestock support; partial compensation for the cost of agricultural equipment.

Read also: Ukraine increases import of agricultural products by 12%.

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