Economy

In the first 10 months of this year, agricultural exports from Ukraine to China amounted to $1.25 billion, while imports of agricultural goods from China to Ukraine amounted to over $220 million.

The decision to extend the licensing of grain and oilseed imports is planned to be approved in Moldova by the end of 2024.

The Cabinet of Ministers of Ukraine has allocated 50 million euros of budget support from the European Union for the repair and improvement of port infrastructure.

According to the forecast, Ukraine expects to export grain and oilseed crops at the level of 46.9 million tons in the 2024/2025 marketing year (MY).

The State Property Fund of Ukraine has put up for auction the only property complex of the State Enterprise “Maritime Administration of the Black Sea Fish Port”. The company’s balance sheet includes two tankers and a patrol boat.

Ukrzaliznytsia has planned to increase the tariff by almost 40%, which may cause the work of the UDS fleet in the direction of Constanta to stop.

The wagons were sent within the scope of the export discount. Over UAH 233 million has already been used to implement the project.

This week, freight rates for grain transportation across Ukraine remain stable.

Agroholding Kernel has started processing soybeans at three of its plants due to a shortage of sunflower seeds on the market.

By the end of the year, Ukraine plans to reach about 77 million tons in agricultural exports.