The restoration of deliveries of Ukrainian metal products abroad by sea will increase the inflow of foreign currency into the country.
Resumption of metal and ore exports through Ukrainian ports will help reduce pressure on the Hryvnia and resume production. This was stated by the Vice-President of the Ukrainian Chamber of Commerce (ICC Ukraine) for industrial policy and energy strategies Serhiy Sivolap, Obozrevatel wrote on Wednesday, August 24.
This, in turn, will give Ukraine the resources to fight Russia, he added. “Therefore, we should start exporting as soon as possible and return the money to Ukraine,” said Sivolap.
He is sure that, with the help of international partners, it is possible to achieve the unblocking of ports for the export of grain, the same can be done for metal.
“We need to intensify efforts to open opportunities for the export of our metal products through the ports. This was already said by the Deputy Minister of Economy of Ukraine Taras Kachka, and, according to my information, the this issue was also raised during the visit of UN Secretary General António Guterres to Odessa. that everyone’s efforts should be made here – both Ukraine as the main initiator of this issue, and our international friends, and powerful public organizations such as of the International Chamber of Commerce,” said the expert.
Sivolap recalled that the export potential of metal products is at least $600 million per month. It will also help to activate production and return to work workers sent on forced downtime.
“At the level of macroeconomic indicators, the export of metal and ore will provide stable foreign exchange income to the country, not relying on foreign aid. budget income and not leading to inflationary pressure,” he said. expert.
He called another “plus” from the resumption of Ukrainian metal exports by sea. “In support of Ukraine, the international community expelled Russian products from their own markets, including metallurgical. A huge niche is opening up for Ukrainians! The only thing that prevents it is the impossibility of -exporting it in immediate volumes. , the prospect is obvious. Of course, it is difficult to achieve. But only those who walk can master the path,” said Sivolap.
Earlier, the Ministry of Economy reported that Ukraine called for a “grain agreement” to be extended to include Ukrainian metals.
Russia has said it is agreeing to expand a “grain corridor” for the export of metals from Ukraine in exchange for the lifting of Western sanctions against its metallurgy.
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Source: korrespondent
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