This Ukrainian
Government has demonstrated real progress to make it possible for American
agricultural companies to come to Ukraine, stressed Ambassador Extraordinary
and Plenipotentiary of the United States to Ukraine Geoffrey Pyatt on
February 24 at the ceremony of signing an agreement on the planned USD100
million of investment by #Cargill into the #Yuzhny_Port modernization.
This
progress includes clear and transparent regulatory systems, and a
transparent, fair and equally applied system of VAT refunds, said he.
The
Ambassador Geoffrey Pyatt stressed that “today’s agreement is a vote
of confidence in the Ukrainian Government”.
“This Yuzhny project
is exactly the kind of headline investment that we were talking about when the
Prime Minister was with Vice President Biden and Secretary of Commerce Pritzker in
Washington, D.C. in July”, said the U.S. Ambassador.
“This
investment of up to $100 million by Cargill will increase Ukraine’s grain
handling capacity, will increase the ability of Cargill to facilitate Ukraine’s
exports toward markets, and will create hundreds of new jobs”, he emphasized.
However,
Geoffrey Pyatt noted that this should only be the start: “Ukraine is
already one of the world’s great agricultural producers, but it should be an
agricultural superpower. It has more than a quarter of the world’s black
soil. And Ukraine’s agricultural exports, which last year exceeded $14.5
billion, already accounted for 40 percent of your export revenue. But those numbers can easily be doubled”.
“I am confident that continued reform and the demonstrated commitment of
people like the ministers who are here today will ensure that today’s success
story is repeated, and that this goal of developing Ukraine as an agricultural
superpower is more within reach today than it ever has been before”, the U.S.
Ambassador highlighted.
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