Ukraine and UAE sign MoU to promote agricultural cooperationStaff Writer |
Europe Olga Trofimtseva, Ukraine's acting agriculture minister
Ukraine and the United Arab Emirates (UAE) signed a memorandum of understanding (MoU) to promote cooperation in the agricultural sector, the Ministry of Agrarian Policy and Food of Ukraine said in a statement.
Trofimtseva voiced her hope that signing of the MoU would help Ukraine and the UAE to substantially increase their bilateral trade in agricultural products, expand the number of goods traded between the sides and deepen cooperation in the livestock sector and food security.
"Ukraine intends to become a strategic partner of the UAE to ensure food security of this country," Trofimtseva said.
In 2018, the agricultural trade turnover between Ukraine and the UAE stood at about 204 million U.S. dollars, with Ukrainian exports accounting for 95.2 percent of the total trade.
Currently, Ukraine mainly exports sunflower oil, milk and milk products, honey, and eggs to the UAE. ■
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