August 4, 2022
1 min read

EU plans to shore up alternative routes for Ukrainian grain exports

However, hopes are currently pinned on the agreement with Russia enabling a resumption of regular Ukrainian agricultural exports via the Black Sea…reports Asian Lite News

Despite the resumption of grain exports from Ukraine’s Black Sea ports under a UN and Turkish-brokered deal between Moscow and Kiev, the European Union (EU) intends to continue its efforts to create alternative freight routes for Ukrainian grain exports.

Despite the re-opening of maritime routes, an immediate return to pre-war levels of Ukrainian exports remains challenging and alternative export routes are still crucial, an EU Commission official said.

European Commissioner for Transport Adina Valean stressed that there was “room for improvement”, in the alternative routes being worked on, citing a lack of freight wagons, barge operators and storage facilities for Ukrainian produce.

According to the European Commission, Ukraine was the world’s largest exporter of sunflower oil, the third largest exporter of rapeseed and barley, the fourth largest exporter of maize, and the fifth largest exporter of wheat before the beginning of Ukraine’s invasion by Russia in February.

However, hopes are currently pinned on the agreement with Russia enabling a resumption of regular Ukrainian agricultural exports via the Black Sea.

According to EU figures, before the war, up to 5 million tonnes of grain passed through Ukraine’s Black Sea ports each month.

Reaching that level again in the near future is considered highly unlikely, however, with the first ship to leave the port of Odessa under the UN deal carrying just 26,000 tonnes of maize.

ALSO READ-‘Russia a danger to Europe’

Previous Story

Big tech has won, says Congress

Next Story

‘Israel threats against Gaza unacceptable’

Latest from -Top News

Modi Eyes Trade Deals in Maldives

PM Modi will arrive in Maldives on July 25 which would be the second and final leg of his two-nation visit, following the visit to the United Kingdom, starting Wednesday….reports Asian Lite

Russia Strikes Back at EU

The Council of the European Union approved the 17th and 18th packages of sanctions on Russia on May 20 and July 18…reports Asian Lite News Russia has significantly expanded its entry ban

PM Modi Due in UK

PM Modi’s visit to the UK, scheduled for July 23–24, comes at the invitation of British counterpart Keir Starmer and will be his fourth trip to the country….reports Asian Lite News Prime

Victory First, Then Peace?

Katz stressed the importance of meeting the war’s goals as set, primarily the return of all Israeli hostages and the surrender of Hamas….reports Asian Lite News Israeli Defence Minister Israel Katz said

US Brings Up Old Claim, India Pushes Back

US Raises Trump’s India-Pakistan Claim at UN; India Reaffirms Bilateral Stand…reports Asian Lite News The US brought President Trump’s May claim of resolving the India-Pakistan conflict to the Security Council, but New
Go toTop

Don't Miss

EU chief von der Leyen elected for second term

Von der Leyen however faces another difficult five years, with

Poland Urges EU to Extend Ukrainian Grain Import Ban

In May, the European Commission imposed a ban on grain