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Ukraine seeks to deepen agricultural cooperation with India

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Kiev is willing to work with India in business-to-business and government-to-government formats to promote the scale of bilateral agricultural cooperation, Ukraine’s agriculture minister has said.

“The cooperation in agricultural sector between Ukraine and India has a significant potential given the prospects and opportunities in trade,” Xinhua news agency quoted Ukrainian Agriculture Minister Olexiy Pavlenko as saying on Tuesday.

In the first eight months of 2015, agricultural trade turnover between Ukraine and India has reached $795.7 million, Pavlenko said, adding that it was expected to further rise in the nearest future as the two nations were preparing a new agreement on cooperation in agriculture and food industry.

According to Ukraine’s official statistics, the overall trade turnover between Ukraine and India fell 12 percent last year to $2.47 billion dollars.

(IANS)