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Ukraine, Malta are interested in cooperating in agricultural sector
09:58, 9 August 2017
Ukraine, Malta are interested in cooperating in agricultural sector

There's potential in cooperation in the investment area, despite the fact that bilateral trade in agriculture between two countries is small

09:58, 9 August 2017

Open source

Ukraine and Malta are interested in implementing joint projects in agricultural sector, especially in logistics, Deputy Agricultural Policy and Food Minister Olha Trofimtseva said.

"Despite the fact that bilateral trade in agriculture between our countries is small, we see a potential in cooperation in the investment area," Trofimtseva said.

She added that the creation of the distribution center could be interesting for some types of agricultural products and food, including processed products exported to African countries.

"It is important for us to approve the concrete business model for operation of this distribution center for Ukrainian food in Malta, taking into account all the economic factors," she said.

Related: From Germany to Malta: How EU countries are supporting Ukraine’s transformation

The sides decided to form a technical group to draw up a business model concept for the distribution center, which will be presented in the near term.

As we reported earlier, President of Ukraine Petro Poroshenko had a telephone conversation with Prime Minister of Malta Joseph Muscat to discuss economic co-operation, in particular in the field of agriculture and transport.

Related: Cost of foreign trips of Ukraine's leadership

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