Vietnam, Ukraine look to expand agriculture trade
(VOV) - At a meeting with Vietnam Ambassador to Ukraine Nguyen Minh Tri on October 22 in Kiev, Ukrainian Agriculture Minister Olexiy Pavlenko affirmed there is huge potential for agricultural trade.
"The Ukrainian government is processing export licenses for businesses in the agriculture industry to begin exporting products to Vietnam," Pavlenko was quoted as saying by the Agriculture Ministry's press service.
Pavlenko said a gradual liberalization of trade policy and diversification of commodities is the key to stimulating agricultural trade between the two countries.
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Moreover, the overall combined imports and exports of Ukraine with Vietnam for the eight months leading up to September were US41.6 million, with exports tallying in at US$14.6 million while imports registered US27.5 million.
Currently, Ukraine's main agricultural exports to Vietnam are seeds, meat and dairy products said Pavlenko, while it imports fish, rice, spices, fruits and nuts from the Southeast Asian nation.