USAID Secures $510 Million to Support Ukrainian Agricultural Producers

by Roman Cheplyk
Wednesday, July 31, 2024
1 MIN
USAID Secures $510 Million to Support Ukrainian Agricultural Producers

USAID’s AGRI-Ukraine initiative secures $510 million in support, boosting Ukrainian agriculture with increased production and alternative export routes, contributing $17 billion to the economy

Key Highlights:

  • Funding and Support:

    • USAID attracted more than $510 million from private sector and international donors.
    • The US government invested $350 million in the AGRI-Ukraine initiative.
    • Launched in July 2022, AGRI-Ukraine has supported over 14,000 Ukrainian farmers, representing 32% of registered agricultural producers in the country.
  • Impact on Agriculture:

    • Provided resources such as seeds, fertilizers, plant protection products, warehouse access, and financial resources.
    • Helped increase corn and sunflower production by 430,000 tons, generating additional income of over $90 million.
  • Export Facilitation:

    • Developed alternative export routes due to Russian attempts to block Black Sea ports.
    • Focused on ports on the Danube River and land border crossing points.
    • Facilitated the export of 62 million tons of agricultural products, contributing over $17 billion to the Ukrainian economy.
  • Expanded Partnerships:

    • Contributions of $510 million tripled the initial target set by USAID.
    • Partnered with 26 Ukrainian agricultural companies, the American seed company Gowan Seed, the European Bank for Reconstruction and Development, and the governments of South Korea and Japan.

Conclusion

USAID’s AGRI-Ukraine initiative has significantly bolstered Ukraine's agricultural sector by securing substantial financial support and developing alternative export routes. This effort has enabled increased production and export of agricultural products, contributing to the resilience and growth of Ukraine's economy amidst ongoing challenges.

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