Germany supports the continuation of the Black Sea Initiatives
20.01.2023 - 14:25
The Minister of Economic Cooperation of Germany visited the port of Chornomorsk.
The Minister of Economic Cooperation of Germany, Svenja Schulze, supported the continuation of the Black Sea Grain Initiative during her visit to Ukraine. The official visited the port of Chornomorsk and emphasized the need to improve the efficiency of the grain corridor.
“Russia’s sabotage of the Grain Initiative endangers the basic principles of free trade, freedom of navigation and safety of maritime transport. This is a challenge not only for Ukraine and the guarantors of the Initiative, but also for the entire international legal order,” Shultze emphasized.
In just six months of the Grain Initiative’s work, Ukraine exported almost 18 million tons of agricultural products across the Black Sea. For a period of time, this reduced the food tension and stabilized world prices, helped to plan autumn sowing for Ukrainian farmers. Under the condition of proper implementation of the Initiative by all participants, we could export one and a half times as much, and in the absence of a full-scale russian invasion – twice as much, noted Deputy Prime Minister for the Reconstruction of Ukraine Oleksandr Kubrakov.
Germany also promised to allocate tens of millions of euros to Ukraine for the restoration of infrastructure destroyed or damaged as a result of russian attacks.
