The European Union has announced the start of the third phase of two important programs to support Ukrainian agriculture – EU4SmallFarms and EU4SaferFood. The funding for these initiatives, amounting to €12 million, will continue until 2029 and aims to align Ukrainian legislation with EU standards.
This is reported by Business • Media
Main Areas of Agricultural Sector Reform
The efforts are focused on three key areas: the development of agriculture and rural areas, ensuring food security along with veterinary and phytosanitary policy, and reforming fisheries. These projects involve not only legislative changes but also direct support for farmers, producers, and rural communities. This approach will strengthen sectoral institutions and enable the implementation of reforms that will pave the way for Ukraine’s full integration into the EU internal market.
The European Union has already invested around €230 million in the development of the Ukrainian agricultural sector, making it more competitive.
Japan supports Ukraine through the World Bank
Meanwhile, the Cabinet of Ministers of Ukraine has agreed to secure a grant of $1.258 billion provided by Japan through the World Bank. These funds will go to the state budget and will be directed towards covering the country’s critical expenses, including financing social payments, salaries for public sector employees, and infrastructure recovery.
Comprehensive international financial support will contribute to stabilizing the economic situation in Ukraine, developing the agricultural sector, and ensuring necessary social guarantees for citizens.