"Ukrainian Agrarian Congress", Kyiv, Ukraine
Oct 15, 2015

Ukraine: cancellation of granaries certification saved over 80 mln USD to agricultural businesses – IFC




According to the International Finance Corporation (IFC), due to cancellation of the state certification of grain elevators in Ukraine, the agricultural business managed to save over 80 mln USD, declared the IFC Country Manager for Ukraine, Olena Voloshyna within frames of the panel discussion at the Ukrainian Agrarian Congress in Kiev, on October 15.

Generally, the undertaken steps for deregulating of the agrarian business saved nearly 100 mln USD, the expert added.

At the same time, O.Voloshyna stressed some concerns of European farmers, who fear possible competition on the EU market from the Ukrainian agricultural producers, after the entry into force of the agreement on free trade zone between Ukraine and the EU, since January 1, 2016.

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