AgriNews RSS

October 12 2001, 17:33 Interfax-Ukraine

European Bank of Reconstruction and Development can provide Ukraine with $100 millions for support of demand on agricultural products

European Bank of Reconstruction and Development can provide Ukraine with $100 millions for support of demand on agricultural products, Vice Premier Leonid Kozachenko announced during a seminar "Perspectives of exchange commodity market development" on October 10 in Kiev.

In his words, in particular, funds may be directed to compound feed and milling industries.

As L. Kozachenko pointed out, this project is a commercial one and for its execution it is planned to attract commercial banks, through which credits will be provided.

In addition, the Vice Premier said that next year Ukraine may receive from $150 millions to $250 millions from the World Bank for projects in the agrarian sector.

Topic materials