Economy

Even before the full-scale invasion, Russia was planning to loot food in Ukraine.

The ship Kmax Ruler, which was hit by a Russian missile in the port of Odesa region on November 8, went on a voyage.

The accumulation of wagons in the direction of the ports is currently approximately 11,000 units, and 10,500 units are heading to the western border crossings.

The Mykolaiv Regional State Administration signed a memorandum of cooperation with the South Korean company POSCO, which owns a grain terminal in Mykolaiv.

Since the beginning of the full-scale invasion, Ukraine has reoriented its exports to European countries. At the same time, deliveries to Asian and African countries have significantly decreased.

Over 20% of Ukrainian grain exports are carried out by risky enterprises. The Bureau of Economic Security has made recommendations to the government to remedy the situation.

In order to avert critical consequences, it is necessary to take a number of successive steps at the state level. In particular, the government should initiate intervention purchases of grain intended for export, so that farmers receive working capital, and at the same time the factors of a more favorable price situation on the world…

The Ukrainian Grain Association (UGA) called for the abandonment of legislative innovations on the regulation of grain exports.

Thanks to the new insurance mechanism for the insurance of the Black Sea Corridor vessels , Ukrainian grain traders will be able to save up to UAH 140 per ton of cargo.

During the first month of operation of the parallel “grain corridor”, which runs overland through Romania and Bulgaria, Ukraine transported 4 million tons of grain.