Economy

Oil prices continue to fall
Oil prices are falling due to low demand for the energy carrier in the US and China.

During the week, 18 ships left Ukraine through the “grain corridor”.
Within the framework of the Black Sea grain initiative, 18 ships left the ports of Great Odesa during the week.

Slovakia canceled restrictions on the import of grain from Ukraine
On May 12, the Government of Slovakia approved the proposal of the Ministry of Agriculture to cancel the unilateral ban on the import of agricultural products from Ukraine by the decision of the European Commission.

EU countries complained about the agreement on the import of Ukrainian grain
The European Commission received a letter from 12 member countries, which complained about the lack of consultation with them regarding the agreement on Ukrainian grain.

The terminals of the port of Chornomorsk are being prepared for transfer to a concession
Port terminals in the port of Chornomorsk are being prepared for transfer to the concession.

Continuation of the Grain Agreement will not “save” the increase of freight prices
The blocking of vessel inspections in the Bosphorus provokes an increase in the price of transportation of Ukrainian agricultural products.

The IMF called for all measures to be taken to continue the Black Sea Grain Initiative
The International Monetary Fund called for all measures to be taken to continue the “grain agreement”.

“Ukrzaliznytsia” introduced new restrictions on two terminals in the port of Izmail
Since May 12, “Ukrzaliznytsia” has introduced a conventional ban on the transportation of agricultural products in the direction of the port of Izmail.

The EU countries once again appealed to the European Commission regarding the import of Ukrainian agricultural products
Five EU countries appealed to the European Commission to introduce protection mechanisms for the farmers of these countries against the increased influx of Ukrainian agricultural products.

The “Grain Agreement” was not extended
Negotiations on the continuation of the “Grain Initiative” will continue.