2023-04-17 23:29:09
Kyiv – (dpa)
Ukrainian grain exports suffered a double blow during the past few days, as Russia stopped inspections of Ukrainian grain ships in accordance with the grain export agreement for the second time in a row, while European countries imposed a ban on importing grain from Ukraine to protect it. domestic production.
Ukraine’s Ministry of Infrastructure said today, Monday, that Russia has stopped inspections of ships and allowing them to pass to global markets in accordance with the Safe Passage of Ships agreement, for the second time in a week, which led to the suspension of Ukrainian grain. exports. Meanwhile, Poland, Hungary and Slovakia have imposed entry bans on grain shipments from Ukraine in the past few days to protect local producers.
Against the background of these developments, wheat futures rose 0.3% on the Chicago Stock Exchange, after falling at the beginning of trading.
Negotiations for a new contract with a major customer in Slovakia have stalled after Slovakia announced restrictions on grain imports from Ukraine, said Dmitry Skornyakov, CEO of Ukrainian agricultural company Harve East.
He added that these developments are not very important to farmers because they came at the end of the season when most of the crop was sold, but it would be a very big problem if it continued during the summer.
It is noteworthy that Harf Sharq exports about 60% of its production through the ports of the Black Sea, including the safe passage, while it exports 40% of the production of road and railway inks to Europe.
Slovakia said that while it did not specify a date for lifting the import ban, Ukraine could use its territory to transport grain to other countries in Europe.
The Ukrainian Ministry of Infrastructure said that the Russian inspectors in Istanbul unilaterally stopped inspections of ships coming from Ukrainian ports loaded with grain, which means stopping the export of grain.
Russia had stopped inspections of ships for a short period last week, indicating the possibility of its withdrawal from the agreement to export grain through the ports of the Black Sea in the event that the controversial points in it are not settled by mid-May, because in its current state. The situation only benefits Ukraine, according to Russia.
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