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Bloomberg: Ukrainian grain exports via the Black Sea will not resume in the coming months

The Ukrainian authorities see no positive signs that would allow grain exports via the Black Sea to resume in the coming months.
Vadim Chetrari Vadim Chetrari Reading time: 2 minutes
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Black Sea export of Ukrainian grain

“Unfortunately, it is difficult to envisage any possible solutions to this issue in the coming months. We must seriously prepare for the situation to remain as critical as it is now,” said Taras Vysotsky, Minister for Agricultural Policy, in Brussels, according to Bloomberg.

According to him, Russia has rejected all proposals from Kyiv’s partners regarding the safe export of agri-food products by ship via the Black Sea. All possible rounds of negotiations have already taken place, but none have yet yielded results.

Last week, Turkish President Recep Tayyip Erdoğan announced that he had received a positive response from Ukrainian President Volodymyr Zelenskyy regarding the de-escalation of tensions and the resumption of shipping along the Black Sea ‘grain corridor’. For his part, Russian President Vladimir Putin stated that these proposals remain on the negotiating table. At the same time, he suggested that they were a consequence of Russia’s retaliatory strikes against Ukraine. According to him, Russia will make decisions on further actions based on its own interests.

Ukraine has increased its exports via alternative routes, which account for around 45 per cent of the required transport volume. However, according to Ukrainian estimates, the maximum capacity of these routes allows for the export of only 50 per cent of agricultural produce. According to Vysotsky, there is therefore a risk that, in the current marketing year, Ukraine will be unable to export around 30 million tonnes of agricultural produce.

This story was translated with the assistance of artificial intelligence.The translation was also reviewed by the Logos Press editorial team.


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