OREANDA-NEWS. On Wednesday, May 6, Minister of Agrarian Policy and Food of Ukraine Oleksii Pavlenko met with the EBRD Vice President responsible for policy and partnership Philippe Le Houerou. The meeting was held within the framework of a Private Sector Forum on food security in the Southern and Eastern Mediterranean region, which took place through May 5-6 in Barcelona (Spain).

The projects implemented in Ukraine with the financial support of the EBRD, are important for the development of domestic agriculture. In 2014 the enterprises of agrarian sector were granted loans worth USD 251 million.

Oleksii Pavlenko noted that the development of dynamic, competitive, and inclusive agricultural sector is the key to the global food security and that of the Mediterranean region in particular.

Also, the parties discussed the prospects of holding in the main EBRD office in London a conference to support the agricultural sector of Ukraine. The previous meeting with the EBRD leadership in London in March of 2015 had laid the foundation for new investment projects.