News

Australia is expected to report record-breaking agricultural exports in the current financial year, the government said on Tuesday, after years of high rainfall boosted yields.

Yesterday, the U.S. Agency for International Development (USAID) announced three new partnerships to help Ukraine overcome immediate and long-term export logistics challenges caused by Russia’s full-scale war. USAID, Grain Alliance, Kernel, and Nibulon plan to make combined investments of more than $44 million to support storage and infrastructure expansion in Ukraine’s agriculture sector. The investments are projected to increase Ukraine’s grain shipping capacity by more than 3.35 million tons annually, bolstering Ukraine’s economy and bringing much-needed grain to the global market.

The Verkhovna Rada of Ukraine has supported amendments to the Law of Ukraine “On the State Budget of Ukraine for 2023” to provide charterers, operators and/or owners of ships and inland navigation vessels with guarantees of compensation for damage caused by russian aggression. Up to UAH 20 billion is provided for these purposes.

The relevant amendments were developed by the Ministry for Communities, Territories and Infrastructure Development in cooperation with Members of Ukrainian Parliament and the Parliamentary Budget Committee.

Last week, the Ukrainian pavilion opened in the UAE at the Gulfood 2023 international agro-industrial exhibition.

The Ukrainian Agrarian Confederation became one of the partners who helped Ukrainian business to participate in this exhibition.