close
Thursday, August 4, 2022

Russian Invasion: EU seeks alternative routes for Ukrainian grain exports

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

• August 4, 2022
Ukraine’s Black Sea port
Ukraine’s Black Sea port [Photo Credit : Reuters]

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

It noted that an immediate return to pre-war levels of Ukrainian exports remained challenging, and alternative export routes were still crucial, the EU Commission told the officials of dpa on Thursday.

EU Commissioner for Transport Adina Vălean stressed that there was room for improvement in the alternative routes being worked on and cited a lack of freight wagons, barge operators and storage facilities for Ukrainian produce.

According to the 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 wheat exporter before Russia invaded the country 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 five million tonnes of grain passed through Ukraine’s Black Sea ports each month. Reaching that level again in the near future was considered highly unlikely, however, with the first ship to leave the port of Odesa under the UN deal carrying just 26,000 tonnes of maize. 

(dpa/NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Education

ASUP gives Okowa 30 days’ ultimatum to rescind salary policy

He said the ultimatum followed the refusal of the Delta government to review its position on the salary subvention policy.

Lagos

Developer accuses Sanwo-Olu’s chief-of-staff of illegal demolition, plot to take over N500 million property

He claimed Mr Ayinde was looking to unlawfully acquire the property located at No 4, Ladoke Akintola Street, in posh Ikeja GRA area of the state.

Abuja

Court seals up First Bank’s headquarters in Abuja; removes valuables

Some staff of the bank, while reacting to the development, described it as embarrassing, saying it could have been handled differently.

Israeli drones

Hot news Home top

Israel deploys attack drones amid rising tension over Gaza Strip

Meanwhile, the closure of major roads in southern Israel continued for the third day for fear of escalation with Gaza.

VP Osinbajo

Heading 1

Insecurity: Osinbajo calls for accountability in military spending

Mr Osinbajo spoke in support of local production of military hardwares to be able to get ahead of non-state actors festering criminalities around the nation.

Jens Stoltenberg

World

Putin will attack another country if he wins Ukraine war, says NATO chief

The top NATO official also warned of the increased threat Russia posed to Norway, in view of the Russian invasion of Ukraine.