Ukraine was re-elected to the International Grains Council
Ukraine was re-elected to the International Grains Council (IGC) following the results of the organization’s meeting in London.
Ukraine was re-elected to the International Grains Council (IGC) following the results of the organization’s meeting in London.
As a result of the full-scale war, about 30% of the entire potential of the Ukrainian agricultural sector was destroyed.
The Ukrainian agricultural sector will remain unprofitable this year due to a number of factors.
Ukraine and Turkey plan to strengthen cooperation in the agricultural sector, and also hope for the continuation of the Grain Agreement.
The European Bank for Reconstruction and Development (EBRD) plans to sign documents with Ukraine this week on strengthening the country’s agricultural sector.
As a result of the undermining of the Kakhovska HPP by the Russians, direct and indirect losses of the Ukrainian agricultural sector may increase to more than $10 billion.
As a result of flooding in the south, Ukraine will lose a large share of agricultural exports.
As a result of the undermining of the Kakhovska HPP by Russian troops, losses to the agricultural sector of Ukraine may reach $1.5 billion.
To restore the agricultural sector, Ukraine needs at least 30 billion dollars.
Agricultural production in Ukraine will decrease by 10% in 2023. Last year, losses amounted to almost 30%.
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