Ukraine and the World Bank agreed on cooperation in development of the law on protection of foreign investments. The Bank will continue cooperation regarding preparation of the land reform in Ukraine and promote making a full analysis of the soil fertility and development of grain logistics.

This was discussed at a meeting of Agricultural Policy and Food Minister Mykola Prysiazhniuk with head of the World Bank's agrarian sector Dina Umali-Deininger, the press service of the Agricultural Policy and Food Ministry informs.

“Relations of Ukraine and the World Bank have a positive influence on development of the domestic agricultural sector. Therefore, the issues considered today may help strengthen dynamics of its development,” Prysiazhniuk noted.

The Minister proposed to the bank to involve in development of the law on protection of foreign investments. The Minister also proposed to strengthen cooperation in preparation of the land reform.

The World Bank representatives agreed to arrange cooperation in those directions. At the same time, head of the World Bank's agrarian sector Dina Umali-Deininger noted that cooperation with Ukraine is very important for the bank. She also proposed to initiate the bank into holding a detailed analysis of the fertility and quality of Ukrainian soils.

In addition, participants in the meeting confirmed that a great attention will be paid to cooperation between Ukraine and the World Bank regarding renewal of irrigation in Ukraine's south and development of grain logistics.

ukrinform.ua