Vysotskyi: the Ukrainian agricultural sector will remain unprofitable in 2023
The Ukrainian agricultural sector will remain unprofitable this year due to a number of factors.
The Ukrainian agricultural sector will remain unprofitable this year due to a number of factors.
Ukraine and Turkey plan to strengthen cooperation in the agricultural sector, and also hope for the continuation of the Grain Agreement.
The European Bank for Reconstruction and Development (EBRD) plans to sign documents with Ukraine this week on strengthening the country’s agricultural sector.
As a result of the undermining of the Kakhovska HPP by the Russians, direct and indirect losses of the Ukrainian agricultural sector may increase to more than $10 billion.
As a result of flooding in the south, Ukraine will lose a large share of agricultural exports.
As a result of the undermining of the Kakhovska HPP by Russian troops, losses to the agricultural sector of Ukraine may reach $1.5 billion.
To restore the agricultural sector, Ukraine needs at least 30 billion dollars.
Agricultural production in Ukraine will decrease by 10% in 2023. Last year, losses amounted to almost 30%.
Romanian farmers are going bankrupt because they cannot compete with cheap Ukrainian grain on the domestic market.
The European Bank for Reconstruction and Development (EBRD), with the assistance of the Dutch government, will provide 25 million euros to support the agricultural sector of Ukraine.
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