Investments in Black Sea ports can help Ukraine earn up to 5 billion dollars

It is in the interests of the USA and European countries to help Ukraine develop maritime exports from the ports of Great Odesa.

Supporting the Ukrainian economy, in particular, maritime exports, is no less important than military aid. This was stated by the US special representative for the economic recovery of Ukraine, Penny Pritzker, to The Hill.

“The aggressive war of the Russian Federation poses a serious threat not only to Ukraine, but also to the United States and all of Europe, our economic security and the very ideas of freedom and democracy that hold the world together,” Pritzker said.

According to the special representative’s statement, economic stability is the main principle of Ukraine’s military efforts, and security and the economy form a double spiral intertwined in efforts to defeat Russia on the battlefield.

“Think about the Black Sea. If we can combine investments in infrastructure, defense and the private sector, we will help Ukraine increase grain and steel exports to 8 million tons per month. This can attract up to 5 billion dollars a year to the state budget of Ukraine, reducing its dependence on international support,” the politician believes.

Pritzker insists that the US’s security and economic packages constitute the “core of support for Ukraine.” So, if the US Congress approves financing Ukraine for 11.8 billion dollars, Kyiv will be able to attract three times more funds from other donors.

The Russian Federation directed its efforts to the destruction of the Ukrainian economy in order to achieve what it cannot achieve on the battlefield. The Kremlin is doing everything possible to cut off Ukraine from the world markets for grain, steel, technology and energy. Despite this, the Russians did not succeed in breaking the Ukrainian military in winter.