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Wednesday, 06 November 2024, 20:41
31 July 2022
The first caravan consisting of 16 vessels will depart from the Ukrainian ports in the near future. The first ship is expected to enter Turkey’s territorial waters as early as August 3 before moving on to Africa.
A Syrian ship carrying stolen Ukrainian grain was seized in Lebanon.
30 July 2022
S&P Global Ratings has downgraded Ukraine’s long-term foreign currency sovereign rating from ‘CCC+’ to ‘CC’.
29 July 2022
Russian assets, frozen in the European Union, that can be used by Ukraine must be handed over to the embattled country, while the rest must be sold at auctions, with the proceeds being transferred to the Ukrainian budget.
As of July 26, 2022, international financial aid to Ukraine has amounted to almost US$13 billion.
Seventeen vessels have been loaded in “Odesa” and “Chornomorsk” ports, ten of which are ready to leave.
This year Ukraine’s wheat harvest is expected to reach 18-20 million tonnes, which is fivefold higher than the domestic consumer demand.
In the coming days, the Food and Agriculture Organization of the United Nations (FAO) will announce a tender to purchase temporary storage equipment intended for the newly-harvested grain. Farmers from 20 regions of Ukraine will gain access to such equipment.
Ukraine is ready for grain shipments and is awaiting signals from the partners to start.
The ambassadors of the Group of Seven (G7) countries and Turkey have arrived in Odesa to reiterate the importance of implementing the agreement to allow the resumption of Ukrainian food exports.
In 2022, inflation will reach 31%, and GDP will decrease by a third. In the coming year, the economy is expected to return to growth, while inflationary dynamics will decline.
On July 27, a Syrian ship, loaded in Feodosia with barley taken from the temporarily occupied territories of Ukraine, entered the Lebanese port of Tripoli.
28 July 2022
India, the world’s biggest edible oil importer, is expected to receive its first shipments of sunflower oil from Ukraine in September after a five-month gap.
27 July 2022
Ukraine is preparing to export more electricity to consumers in the European Union.
The U.S. government has allocated a $500 million U.S. contribution to the European Bank for the Reconstruction and Development to support businesses and public services affected by Russia’s war in Ukraine as well as other countries impacted by the war.
Exports of agricultural products through the Danube ports will come to 1.3 million tonnes in July, according to Ukraine’s Minister of Infrastructure Oleksandr Kubrakov.
In recent years, Ukraine was among the TOP-5 largest suppliers of organic products to the EU. By 2030, it is planned to increase the export of organic foods to $1 billion.
The Joint Coordination Center, which will take care of the export of grain and other foodstuffs from the ports of Ukraine through the Black Sea, has opened officially in Istanbul.
Ukraine will supply agricultural products to foreign markets via alternative routes if Russia continues shelling the port infrastructure.
The Ukrainian Black Sea ports of Odesa, Chornomorsk and Pivdennyi have reopened after an agreement was signed in Istanbul to resume grain exports from Ukraine.
Even in the conditions of the unprovoked war, unleashed by Russia, Ukraine adheres to its international obligations regarding the transit of Russian gas. At the same time, the Ukrainian GTS is able to ensure the transit of the entire volume of gas that Russia ships through the Nord Stream 1 pipe.
Ukraine is in consultations with the International Monetary Fund to seal by year-end an agreement for a $15-$20 billion loan to help restore its war-torn economy.
26 July 2022
The Cabinet of Ministers of Ukraine has lifted a ban on the export of rye and mineral fertilizers.
Naftogaz of Ukraine NJSC has not made payments to Eurobond holders, which indicates default.
Ukraine is looking for new logistics routes to ramp up its export potential.
Ukraine stands in solidarity with the European Union in overcoming the energy crisis caused by a reduction in Russian gas supplies to the EU and is ready to supply 1.5 gigawatts of electricity to the EU countries, thus replacing about five billion cubic meters of natural gas.
The European Council has decided to prolong by six months the sanctions against Russia for actions aimed at destabilizing Ukraine.
The balance on the special account the National Bank of Ukraine (NBU) opened to support the Armed Forces of Ukraine is about UAH 2.48 billion.
Since the beginning of the full-scale invasion of the Russian Federation, the U.S. government has provided more than $1.45 billion in humanitarian aid to Ukraine.
Acting Head of the State Property Fund, Olha Batova has submitted a letter of resignation.