EU To Allocate $15.5M For Project To Support Ukrainian Farmers

1/4/2023 11:18:11 PM

(MENAFN- UkrinForm) The European Union will provide $15.5 million to finance the project to support Ukrainian rural households, smallholder farmers and small-scale agricultural enterprises, which is implemented by the Food and Agriculture Organization of the United Nations (FAO).

This is said in a statement released by the press service of the Delegation of the European Union to Ukraine.

“Rural households, smallholder farmers and small-scale agricultural enterprises will benefit from a $15.5 million project funded by the European Union (EU) and implemented by the Food and Agriculture Organization of the United Nations (FAO) to support the functioning, reinforcement and strengthening of value chains in agriculture, fisheries and forestry, and their adaptation to the wartime conditions,” the report says.

“The EU funds for this FAO project aim to re-establish or reinforce pre-war level functionality of agricultural value chains. This is needed to meet the food requirements of local and displaced populations in the west and address food insecurity elsewhere in the country in the immediate and short term, and will be critical to averting a food crisis into 2023,” said Christian Ben Hell, the Sector Manager for Agriculture at the EU Delegation to Ukraine.

It is noted that the project will focus on supporting producers in Lviv, Ivano-Frankivsk, Zakarpattia regions and parts of Chernivtsi region with matching grants for on-farm and value chain-based investments coupled with extension and advisory support.

The investment support programme will be launched through Ukraine's State Agrarian Registry (SAR) and, starting from March 2023.

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