President of Ukraine Volodymyr Zelenskyy had a meeting with Chairman of the Board and CEO of Cargill Inc. David MacLennan at the World Economic Forum in Davos.
"It is a pleasure to meet one of the largest investors in the agrarian sector and agrarian logistics in Ukraine," the Head of State said.
Volodymyr Zelenskyy noted that Ukraine was launching a long-awaited land reform that would become the engine of growth for the agricultural sector and the economy as a whole.
"We are looking forward to working with Cargill Financial on launching farmers lending instruments to increase crop yield and acquire state-of-the-art agricultural technology," the President of Ukraine said.
The parties discussed the reform of the railway connection. The Head of State told about the active reform of Ukrzaliznytsia. He added that Ukraine would move towards transparency in that area.
"In December 2019, the Cabinet of Ministers has already approved the launch of a pilot project on the admission of private locomotives to separate routes," Volodymyr Zelenskyy said.
The President said that Ukraine would like more investment by Cargill in the sphere of processing agricultural products.
“We really want to fight for every investor, especially for investors who are in Ukraine on a full-time basis. We are ready to help as much as we can. We want to increase investments and we are preparing new programs,” Volodymyr Zelenskyy stressed.
David MacLennan recalled that Cargill Inc. had invested more than half a billion dollars in Ukraine, and noted that he appreciated the changes occurred with the automation of VAT refund for investors-exporters. According to him, investors commend Ukraine's movement towards transparency and active cooperation. CEO of Cargill Inc. called the current policy on investments in Ukraine a “new day”.