The losses incurred by Ukraine due to the downtime of ships in the grain corridor queues amounted to more than USD 1 billion, said Mykola Gorbachov, president of the Ukrainian Grain Association (UGA). “This is the money that Ukrainian farmers have not received. This is the money that traders paid to ship owners for standing in line for a very long time,” he explained on FreeDom.
Address
by Minister of Foreign Affairs of Ukraine Dmytro Kuleba
on the occasion of Africa Day
to commemorate the 60th anniversary of the establishment
of the Organisation of African Unity (African Union)
Astarta has completed the spring planting, having fulfilled the full range of fieldworks on its entire land bank within the optimal time.
The Council adopted today a Regulation which renews the suspension of all customs duties, quotas and trade defence measures on Ukrainian exports to the EU for another year, until June 2024.
Recently, the European grain association COCERAL made a statement on the supply of grain of appropriate quality to the EU.
The Association was forced to make such a statement due to the spread of false rumors about the alleged importation of low-quality grain to the EU market.
The company reports on the results of the spring sowing campaign and shares plans for the nearest future.
The Black Sea Grain Initiative has resumed its operations, but Russia has been blocking incoming fleets from accessing the Pivdennyi seaport, the deepest port in the region, for almost a month now. This is happening despite the efforts of the Joint Coordination Center (JCC) to resolve the issue.
In Kyiv, an expert discussion "Ukraine on the way to the EU internal market in the conditions of war – an independent expert vision" took place, in which the Deputy Minister of Agrarian Policy and Food of Ukraine Markiyan Dmytrasevich participated.
Global wheat prices fell Thursday after Ukraine and Russia agreed to extend a deal allowing grain to be exported from Ukrainian ports in the Black Sea.
The issues of involving South Korean companies in the reconstruction of Ukraine, investment prospects and transformation of the Ukrainian economy in the context of the country's recovery were discussed by the First Deputy Prime Minister of Ukraine, Minister of Economy of Ukraine Yuliia Svyrydenko with representatives of South Korean business circles during the round table "Korea-Ukraine Partnership for the Future" held in Seoul on May 16 under the auspices of the Chamber of Commerce and Industry of the Republic of Korea.