Ukraine called on all partners to join in ensuring free navigation in the Black Sea, Yury Vaskov said.
If the ports were unblocked, the Ukrainian economy would recover faster. It will also help lower world prices for grain and metals. This is what Deputy Minister of Infrastructure Yuri Vaskov said at the Forbes Exporters Summit on Thursday, March 16.
“The grain agreement is a forced, temporary form of work. We repeatedly mention and call on all our partners and international organizations to make efforts to restore free navigation in the Black Sea, as stipulated of international conventions,” emphasized Vaskov.
According to him, for the Ukrainian economy, the functioning of ports is an important element of stability and growth.
“It is also necessary to prevent the growth of world prices for agricultural products, mining and metal products, etc. Therefore, we hope that in the near future we will be able to restore shipping to the Black Sea for all types of cargo with the help of our partners,” Vaskov summed up. .
First Deputy Prime Minister – Minister of Economy Yulia Sviridenko said earlier that Ukraine seeks to expand the international grain export agreement, as it will help support the country’s economy, which suffered from the Russian war, and increase GDP.
In turn, the President of the Ukrainian National Committee of the International Chamber of Commerce ICC Ukraine Volodymyr Shchelkunov said that unblocking the ports and expanding the range of exports will give Ukraine at least $20 billion a year and a significant increase in GDP. In addition, it will help our industries to continue production and increase it.
As of Thursday, it was learned that more than 50 ships are now blocked in Ukrainian ports. They carry hundreds of crew members and 670 thousand tons of various cargoes, including grain.
It is also reported that Ukraine has expanded the possibility of the passage of ships in the Danube. This will ensure safer navigation and increase the flow of goods at the ports on this river.
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I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.