Vysotskyi: It is not enough for Ukraine to export 50 million tons of grain per year
The annual export of grain in the amount of 50 million tons will not satisfy the Ukrainian sector.
The annual export of grain in the amount of 50 million tons will not satisfy the Ukrainian sector.
Lloyd’s of London is currently negotiating with the UN regarding the insurance of grain shipments from Ukrainian ports in the Black Sea.
Due to the increase in the frequency of shelling from the Russian side, the Danube ports are becoming illiquid for the sale of grain.
Ukraine may lose up to 4 billion dollars as a result of a decrease in the volume of grain exports. In order for this not to happen, the state should increase the monthly export of grain.
In Brussels, Poland presented estimates of investments needed to increase grain exports from Ukraine across the Polish-Ukrainian border.
Ukraine asked the European Commission to provide subsidies for the transportation of agricultural products through distant European ports.
According to estimates of the International Monetary Fund, Ukraine may lose up to $800 million every month. This is affected by the reduction in grain exports due to the blockade of the Grain Agreement and EU restrictions.
Wheat exports from Ukraine to Poland increased 600 times before the embargo. Wheat and corn were exported the most.
Development of the Bystre estuary on the Danube River will give Ukraine the opportunity to increase the export of agricultural products by 1 million tons every month.
The Security Service, together with the Bureau of Economic Security, exposed a criminal scheme for embezzlement of funds for the export of Ukrainian grain.
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