Ukraine has fulfilled a contract with China in terms of grain supply, which was on the verge of collapse in December of last year. Fulfill the conditions of this contract was extremely important for the Ukrainian side, because all the world`s grain producers are fighting for the largest and most promising market in the world. Do not perform the obligations to the Chinese partners would mean the loss of a strategic partner in the long term.
"For the Ukrainian agricultural sector Chinese money - not just a line of credit. In fact, a long-term investment in the industry", - says Minister of Agrarian Policy. And it is difficult to disagree, because after performance the part of the contract concerning the export of grain, we open the possibility of another part of the contract - in relation to imports from China of products demanded by Ukrainian farmers.
Even if we talk about the purchase of mineral fertilizers, plant protection products and other materials that we need, the Chinese market - is at times the most advantageous offers than, for example, the same Europe. In addition, "Chinese quality" of the product is more of a plus than a minus, as modern agrochemical technologies and other high technology by China leaves the competition far behind.
With regard to domestic production - the amount of quality product that meets the standards is insufficient as yet. And today we do not have an additional investment resources to build capacity.
But even that is not all. One of the directions of Ukrainian-Chinese cooperation is extremely important in the current economic situation, is the organization in Ukraine high-tech industries. Secondly, and this is concerns the development of the country in the long term - the modernization of agribusiness industry, the transition to a global technology standards.