Economy

The Cabinet of Ministers approved a resolution to continue financing the Grain from Ukraine initiative so that Ukraine remains one of the guarantors of global food security.

Izmail became the second port in Ukraine to open for container shipments after the full-scale invasion.

After the continuation of the Black Sea Grain Initiative in Ukraine, wheat and corn quotations on the SWOT exchange decreased.

Russia’s blockade of Ukrainian seaports has caused a lot of damage to our country. It was because of the blockade by russian federation that the Ukrainian ports on the Danube were able to activate and even equalize the actual cargo traffic with the passport traffic. USM tells what the year of war turned out to be for the Danube ports, and what Izmail, Reni and Ust-Dunaisk should expect this year.

Agroholding “Kernel” will purchase 400 tank containers for the transportation of oil. The company also ordered 2,000 railway containers from Poland.

Russia does not stop trying to undermine the Black Sea Grain Initiative and reports that Ukraine allegedly does not export enough grain to Africa and Asia.

The Ministry of Foreign Affairs of russia said that they agree to extend the Black Sea Grain Initiative for 60, not 120 days.

The plant for the processing of oilseeds in Chornomorsk is back to work — after a complete shutdown of production a year ago, at the beginning of a full-scale war.

As part of the Grain from Ukraine initiative, Yemen (Asia) will receive 30,000 tons of Ukrainian wheat.

Six dry cargoes entered the ports of Odesa on the first day after the extension of the Black Sea Grain Initiative.