Saudi Ambassador in Ukraine witnesses Export of SALIC Wheat Shipment
The Ambassador of the Custodian of the Two Holy Mosques to Ukraine, H.E. Mr. Mohammed Bin Sulaiman Al-Mesher, witnessed on Saturday, September 5, 2020, the farewell ceremony of the first shipment of wheat weighing 60,000 tons of production by Continental Farmers Group owned by the Saudi Agricultural and Livestock Investment Company (SALIC) in the port of Chornomursk in Odessa city in southern Ukraine in the presence of a number of officials of both sides.
His Excellency Ambassador AlMesher said during a meeting with Ukrainian media on this occasion that the government of king Salman bin Abdulaziz Al Saud, May God bless him, is moving with confident and steady steps towards progress and in order to achieve its leadership and its citizens security, prosperity and stability under the leadership of Crown Prince Mohammed bin Salman bin Abdulaziz, who has charted a glorious present and a promising future for future generations through the Vision of the Kingdom 2030. He added that the shipment launched from Ukraine comes within the framework of strong relations and joint cooperation between the two countries, expressing his thanks and appreciation to the Chairman of the Board of Directors of "SALIC" H.E. Minister of Environment, Water and Agriculture Eng. Abdul Rahman bin Abdul Mohsen Al-Fadhli for the efforts made and moving towards broad horizons of joint cooperation with Ukraine.
The Saudi Grains Organization (SAGO)had appointed SALIC, as the largest foreign investor in Saudi Arabia, to supply 60 thousand tons of high-quality wheat, within the framework of covering Saudi Arabia's need for wheat, and it will reach Jeddah Islamic Port in the middle of this month.
It is worth noting that the Saudi Agricultural and Livestock Investment Company (SALIC) is wholly owned by the Public Investment Fund (PIF) and aims to provide basic commodities and stabilize their prices in the Kingdom with a strategy that focuses on 12 basic commodities in countries with comparative advantages. SALIC has acquired two Ukrainian agricultural companies in multiple stages. And it succeeded in merging them by the end of 2018 under the name of the Continental Farmers Group, which is one of the largest agricultural companies in Ukraine, managing 195 thousand hectares of agricultural land in western Ukraine.