News From Agro-Industrial Complex

The Ministry of Economy of Ukraine published today additional details on the establishment of the recently announced Ukraine Development Fund (UDF) and the investment opportunities expected to be brought about by this new institution.

14 oblasts of Ukraine have fully completed the sowing of spring crops. So far, 12.9 million hectares of grain, leguminous and oil crops, as well as sugar beet, have been sown. In particular, 5 million 619 thousand hectares were sown with cereals and legumes, of which:

The Cabinet of Ministers of Ukraine has approved the procedure for providing guarantees of compensation for damages caused to charters, operators, and/or owners of sea vessels and inland navigation vessels as a result of the armed aggression of the Russian Federation. This applies to vessels flying Ukrainian and foreign flags.

The relevant resolution was adopted at today's Government Meeting.

The Joint Coordination Center (JCC) in Istanbul has announced the inability to formulate an inspection plan for June 1 due to the Russian delegation's groundless refusal to register incoming fleets for participation in the initiative.

On May 30 and 31, Russia only registered one incoming vessel for inspection at the Port of Chernomorsk without explanation, while other parties to the JCC confirmed 10 vessels to three ports for participation in the Black Sea initiative.