Austria allocates another 2 mln euros for the Grain from Ukraine initiative

Source:  Delo

Austria has allocated 2 million euros to support the Ukrainian initiative Grain From Ukraine. The parties also discussed cooperation in agriculture, assistance to Ukraine during the war, and the development of trade relations.

This was reported by the press service of the Ministry of Agrarian Policy and Food.

It is reported that the Minister of Agrarian Policy and Food Vitaly Koval discussed cooperation in the agricultural sector and the development of trade relations with the Austrian Ambassador to Ukraine Arad Benkö. He also thanked the Austrian partners for their contribution to the initiative of the President of Ukraine Volodymyr Zelenskyy Grain From Ukraine.

“This is an additional 2 million euros for food security, which is an important step in supporting countries suffering from hunger,” the minister emphasized.

In particular, the parties discussed the need for joint work at the level of the European Commission to ensure unhindered exports of Ukrainian agricultural products.

Koval emphasized that Austria remains an important trading partner of Ukraine: in 2024, bilateral trade in food and agricultural products amounted to $210 million. Ukraine exported mainly corn, fruit and vegetable juices, soybeans, sunflower oil, as well as frozen fruits and nuts. In turn, chocolate and cocoa-containing products, ready-made sauces, animal feed, corn, and mineral and carbonated waters were imported from Austria.

Further development of the grain and oilseed markets of Ukraine and the Black Sea region will be in the spotlight of the BLACK SEA GRAIN. KYIV conference, taking place on April 22–23 in Kyiv. The event will focus on strategic directions for the agricultural sector through 2030, including investments, energy independence, processing, and exports of high-value products.

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