Grain Initiative has been extended for another 120 days – Ministry of Infrastructure
The world market is not able to replace Ukrainian agricultural products in the short term
What happened? Initiative for the safe transportation of agricultural products through the Black Sea has been extended for another 120 days.
Source. Oleksandr Kubrakov, the Minister of Infrastructure.
Details. It is noted that the decision was made in Istanbul. The United Nations and Turkey remain the guarantors of the Initiative.
According to Kubrakov, Ukrainian agricultural exports today remain an effective tool to counter the global food crisis.
Since August 1, when the Grain Initiative was implemented, Ukraine has exported more than 11 million tonnes of agricultural products to 38 countries. The Minister notes that this is “a significant volume, but still not enough.”
“The world market is not able to replace Ukrainian agricultural products in the short term. However, it is possible to increase the volume of our food for the world.
We have officially appealed to the partners of the Initiative with a proposal to extend the initiative for at least 1 year and to involve the Mykolaiv Sea Port. We are waiting for their response,” the statement reads.
Mr. Kubrakov stressed the importance of ensuring the effective work of the Joint Coordination Center.
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