Economy

The Ministry of Economy is counting on the support of the Food and Agricultural Organization of the United Nations (FAO) in the matter of extending the Istanbul Agreements.

The countries of the Group of Seven, as well as Australia, agreed to set a fixed maximum price for russian oil, rather than a floating one. The “ceiling” of prices will be determined by the end of the month.

From January to September, Ukraine reduced exports to the CIS countries by 23.8%, compared to the same period last year.

The planning system applied by Ukrzaliznytsia with a one-month horizon for grain export transportation makes it impossible for farmers to fulfill export contracts in good faith and, ultimately, will have a negative effect on the work of the UZ itself.

The London company Lloyd’s Ascot is resuming the program of insurance of goods transported along the “grain corridor”.

The sole shareholder of Maersk LLC (subsidiary of Danish Maersk) decided to liquidate the company.

Due to the uncertainty of the future fate of the “grain corridor”, in the first days of November, the load on the railway network of Ukraine decreased.

The President of Ukraine said that russian missiles fly over the routes of the “grain corridor”.

Since the beginning of the departure of the first vessel through the “grain corridor”, Ukraine has exported 10 million tons of agricultural products within the framework of the Istanbul Agreements.

The international advisory board will help the Nibulon company to form a strategy for the next stage of development.