Economy

The countries signed a trilateral Memorandum of Understanding, which should help identify agricultural products illegally exported from the temporarily occupied territories.

Budapest previously agreed to let the cargo pass on the condition that it does not enter the Hungarian market.

The high cost of logistics across the Danube continues to hinder the competitiveness of Ukrainian wheat: about 30% of the cost of grain during deliveries to Egypt is accounted for by transportation.

Ukraine also offered the Netherlands to join the Ukraine Transport Support Fund.

Due to restrictions on the operation of Ukrainian seaports and Russian attacks on infrastructure, the waiting time at the border with Poland has increased significantly in recent months and currently reaches 7-9 days.

The Ministry of Agrarian Policy has appealed to the European Union with a request to compensate for €1.1 billion in logistical losses caused by Russian shelling.

Ukraine currently exports about 2 million tons of agricultural products per month with a potential of 5–6 million tons, and the cost of sea logistics has increased approximately fivefold.

Ukraine is working on amendments to the concession agreement for the Olvia port in order to preserve the project and create conditions for its further implementation after the port resumes operations.

The ports of Izmail and Reni are currently unloading an average of 2.4 times more grain wagons than the ports of Great Odesa.

The Russian military announced that it had struck five cargo ships, three of which were in the port of Reni and two others heading to Odesa.