News

10.01.2023 16:53

The Ukraine-Russia Grain Deal: A Success or Failure?

10.01.2023 16:53

On October 29, Russia announced it had quit the “grain deal” brokered by the UN and Turkey in July to allow Ukraine to export grain by the Black Sea. Moscow presented its move as a response to an alleged attack by Ukraine on the Russian fleet around Sevastopol city. Despite Russia’s warnings, a group of ships loaded with grain nonetheless exited through the safe corridor, exporting grain that had been loaded in Ukrainian ports. Shortly thereafter, Russia made a U-turn and announced it would return to the agreement after negotiations with Turkey. Moscow cited “written guarantees” from Ukraine that Kyiv would not use this corridor for military purposes or attacks against Russia.

This brief spat over the deal, which to that point had worked for all parties, left a mixed impression. On the one hand, Russia’s actions underscored that the agreement was vulnerable and weak, and made clear Moscow’s readiness to abandon it at any moment it saw fit. On the other hand, Turkey’s intervention, which secured the continuation of the deal and convinced the Kremlin to rejoin it, illustrated the significant influence Ankara wields in the Black Sea, both as a key interlocutor between parties and as a counteracting player to Russia.

10.01.2023 14:25

Ukrainian agriculture faces logistical challenges, but remains among the world leaders

10.01.2023 14:25

Ukrainian agriculture faces numerous challenges due to logistical problems, the occupation and mining of a large part of the territory, but remains among the world leaders almost a year after the Russian invasion.

The large-scale consequences of the war for agriculture have become profound and will probably continue for several more years, Pavlo Koval, general director of the Ukrainian Agrarian Confederation, tells EFE. The beginning of the war "clipped the wings" of the industry, which had been developing rapidly for the past 5–7 years, with a record 106 million tons harvested in 2021.

06.01.2023 17:08

Another 60 thousand tons of agricultural products were procured within the framework of «Grain from Ukraine» initiative, - the results of the meeting of Mykola Solskyi with the representatives of the World Food Programme

06.01.2023 17:08

Minister of Agrarian Policy and Food of Ukraine Mykola Solskyi met with Deputy Country Director of the World Food Programme in Ukraine Marianne Ward.

As a part of regular negotiations in the process of execution of the initiative «Grain from Ukraine» the parties discussed the current state of things and further steps for the implementation of the humanitarian food program.

06.01.2023 16:29

Ukraine is successfully overcoming the challenges of winter: the Prime Minister talked about gas and coal reserves

06.01.2023 16:29

The energy system of Ukraine, despite everything, continues to work stably. There are 11.7 billion cubic meters of gas in storage, and 1.2 million tons of coal in warehouses, which makes it possible to successfully overcome the challenges of winter.

Prime Minister Denys Shmyhal said this at a government meeting on January 6.

06.01.2023 14:43

Ukraine: EU-FAO partnership to ensure recovery and development of agricultural value chains

06.01.2023 14:43

Rural households, smallholder farmers and small-scale agricultural enterprises will benefit from a $15.5 million project funded by the European Union (EU) and implemented by the Food and Agriculture Organization of the United Nations (FAO) to support the functioning, reinforcement and strengthening of value chains in agriculture, fisheries and forestry, and their adaptation to the wartime conditions. 

The project will focus on supporting producers in Lvivska, Ivano-Frankivska, Zakarpatska and parts of Chernivetska oblast with matching grants for on-farm and value chain-based investments coupled with extension and advisory support. 

06.01.2023 10:38

World food prices dip in December

06.01.2023 10:38

FAO Food Price Index ends 2022 lower than a year earlier.

The index of world food prices dipped for the ninth consecutive month in December 2022, declining by 1.9 percent from the previous month, the Food and Agriculture Organization of the United Nations (FAO) reported today.

06.01.2023 08:34

How the sowing campaign will go on this year: Mr. Taras Vysotskyi spoke about changes in the structure of cultivated areas

06.01.2023 08:34

Mr. Taras Vysotskyi, the First Deputy Minister of Agrarian Policy and Food of Ukraine, spoke in the national information telethon «United News» about the upcoming spring sowing campaign, the problems with grain exports and why the food initiative «Grain from Ukraine» supports not only African countries, but also Ukrainian farmers.

According to his opinion, while last year as of February 24, 2022 the agrarians were fully prepared for the sowing campaign, now there is a problem with liquidity, availability of finance, which complicates and slows down the preparation for field work. At the same time, the farmers are strongly intended to work.

05.01.2023 16:48

Six more grain ships leave Ukrainian ports

05.01.2023 16:48

Six ships carrying 355,000 tonnes of Ukrainian agricultural products departed from Ukraine's Black Sea ports on Thursday, January 5.

According to Ukrinform, the press service of the Ukrainian Infrastructure Ministry said this in a post on Facebook.

05.01.2023 15:40

Ministry of Economy preliminary estimates fall in Ukraine's GDP in 2022 at 30.4%

05.01.2023 15:40

The fall in real gross domestic product (GDP) of Ukraine in 2022 is estimated at 30.4% [±2%], which is better than preliminary forecasts, the Economy Ministry said on Thursday.

As noted in a press release from the ministry, in December, the fall in GDP is estimated at 34% [±2%] compared with 37% [±2%] in November, given a certain stabilization of the energy supply situation after shelling in November.

05.01.2023 13:42

Global economy faces tougher year in 2023, IMF's Georgieva warns

05.01.2023 13:42

For much of the global economy, 2023 is going to be a tough year as the main engines of global growth - the United States, Europe and China - all experience weakening activity, the head of the International Monetary Fund said on Sunday.

The new year is going to be "tougher than the year we leave behind," IMF Managing Director Kristalina Georgieva said on the CBS Sunday morning news program "Face the Nation."


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