Ukraine is interested in developing agricultural cooperation with Israel, President Victor Yushchenko said in a speech to Israel’s business leaders on Thursday, president's press office reported.

Yushchenko said Ukraine was the world’s seventh-largest grain producer and added that many “dynamic changes occur on its agricultural market every year.” He said both countries could grow grain and biotechnological crops and also suggested Israeli businessmen can use the Chornobyl zone to grow industrial crops, like rape, a plant cultivated as fodder and for its seed that yields a valuable oil. He then said Ukraine and Israel must “start a dialogue” regarding the irrigation of Ukraine’s southern territories.

Yushchenko said Ukraine was ready to invite Israel’s business leaders to Kyiv to discuss these issues.

He then described his country’s macroeconomic climate as “not bad” and added that Ukraine attracted nearly USD 7.7 billion investment annually.

The president said it was Ukraine’s priority to develop machine-building, the space, aviation and chemical industries. He said the aviation industry has been stabilizingin the past several years and that there were some achievements in the space industry, like Ukraine’s participation in the Sea Launch project.


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