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The first meeting of the Ukrainian-Saudi working group on the development of trade and investment relations in the agricultural sector was held, at which the Saudi side was headed by a representative of state-owned Saudi Agricultural and Livestock Investment Company (SALIC), which owns the Continental Farmers Group agricultural holding in Ukraine, William England, the Ministry for Development of Economy, Trade, and Agriculture said on Jan. 21.
According to the ministry, the export of Ukrainian agricultural products to Saudi Arabia in January-November 2020 grew by 11% compared to the same period in 2019 and amounted to $410.9 million. The main export items were cereals, meat and edible offal, fats and oils, milk, dairy products, poultry eggs, and natural honey.
Ukrainian-Saudi working group for development of trade, investment in agriculture of Ukraine begins work 1 min read
The first meeting of the Ukrainian-Saudi working group on the development of trade and investment relations in the agricultural sector was held, at which the Saudi side was headed by a representative of state-owned Saudi Agricultural and Livestock Investment Company (SALIC), which owns the Continental Farmers Group agricultural holding in Ukraine, William England, the Ministry for Development of Economy, Trade and Agriculture said on Thursday.
According to the ministry, the export of Ukrainian agricultural products to Saudi Arabia in January-November 2020 grew by 11% compared to the same period in 2019 and amounted to $410.9 million. The main export items were cereals, meat and edible offal, fats and oils, milk, dairy products, poultry eggs, and natural honey.
The World Bank revised upward its forecast for Ukraine's gross domestic product (GDP) growth in 2021 to 3%, while early October it estimated the prospects for recovery to be twice as modest – at 1.5%.