US to invest USD 100 mln in Ukraine agriculture
The United States, through the U.S. Agency for International Development (USAID), has established a USD 100 mln Agriculture Resilience Initiative (AGRI) – Ukraine to bolster Ukrainian agriculture exports and to help alleviate the global food security crisis exacerbated by putin’s brutal war on Ukraine.
AGRI-Ukraine will target Ukraine’s immediate agricultural export challenges, while also simultaneously supporting the wider needs of Ukraine’s agriculture sector and bolstering Ukraine’s continued production of agricultural commodities through 2023.
The Initiative will increase Ukrainian farmers' access to critical agricultural inputs including seeds, fertilizer, equipment, and pesticides, enhance Ukrainian infrastructure capacity and capability to efficiently export agricultural goods, increase farmers’ access to financing, and expand the capacity of Ukrainian businesses to dry, temporarily store, and process agricultural commodities.
USAID seeks to raise an additional USD 150 mln for the Initiative from fellow donors and the private sector, with an overall target of USD 250 mln. AGRI-Ukraine builds on a range of support USAID is providing to Ukraine’s agriculture sector in the wake of russia’s full-scale invasion, including providing over 8,000 Ukrainian farmers with seeds, fertilizers, pesticides, and more, reaching approximately 14% of the country’s registered agriculture enterprises to help them deliver this year’s harvest despite the devastation caused by russia’s aggression.