Financial Times: Ukraine wants to expand "

05 August 2022, 14:04 | Economy
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Ukraine admits that the Istanbul agreement with the Russian Federation on the unblocking of three ports in the Odessa region for grain exports will be extended to other groups of goods. Reported by the Financial Times.

According to Taras Kachka, Ukraine's Trade Representative and Deputy Economy Minister, this agreement can serve as a model for future agreements..

" What is the difference between grain and iron ore? "

According to him, in July Ukraine was able to export about 3 million tons of grain via alternative routes - roads, railways and the Danube River.. This is less than half of the volume that was exported through seaports before the war..

Mykhailo Podolyak, a senior adviser to President Volodymyr Zelensky, said Russia is likely to stick to the agreement for a while, as long as it's in its interests..

“It seems to me that these [sea] caravans will go back and forth for some time, in parallel with Russian caravans, who also want to carry their grain. Russia will look for a way to block it all again.

This is my pessimistic and optimistic scenario, molded together,"

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Speaking about metallurgy, that in Ukraine the mining and metallurgical industry without state assistance will lose 33% of exports, 10% of GDP and half a million jobs, this is stated in a letter from Ukrmetallurgprom to President Volodymyr Zelensky. Industry enterprises operate at a loss and only in order to save jobs: the workload of metallurgical plants is 15% of the pre-war level, mining and processing plants - 25%.

Recall that today the first caravan of ships with Ukrainian corn left the ports of Odessa. Three vessels - NAVI STAR, ROJEN and POLARNET - carry 57 thousand tons of grain. Destinations of ships - Turkey, Great Britain and Ireland.




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