EU-Ukraine EUR 26 mln agreement signed

The European Union and Ukraine signed an agreement for the allocation of EUR 26 mln of financial aid
Photo by: Урядовый портал / Government portal

The Government of Ukraine and the European Commission signed an agreement of EUR 26 mln allocated to support the development of agriculture and small farming in Ukraine.

The relevant document was signed by Deputy Prime Minister for European and Euro-Atlantic Integration of Ukraine Dmytro Kuleba and European Commissioner for European Neighbourhood Policy and Enlargement Olivér Várhelyi in Brussels as part of the meeting of the EU-Ukraine Association Council.

It is noted that the agreement will allow Ukraine to attract assistance from the European Union to create a more inclusive and competitive agricultural sector focused on the development of small and medium-sized farms and enterprises.

EU assistance is focused on the following:

• consolidation of the state land cadastre and state register of rights, reforms of institutions and land use system;
• reforms in agriculture and rural development;
• ensuring access to financing for small farms by introducing grant programmes.

Previously reported that the Cabinet of Ministers of Ukraine approved a draft agreement with the European Union.