The Razoni bulk carrier has passed the inspection of the Joint Coordination Center and is ready to proceed to its destination.
An inspection group consisting of representatives of Ukraine, the United Nations, Turkey, and Russia has arrived at the Razoni dry cargo ship and is inspecting it.
The Food and Agriculture Organization of the United Nations (FAO) has launched a new $40 million Canada-funded project to further address grain storage shortages in Ukraine.
The foreign ministers of the G7 countries have condemned Russia's attempts to weaponise its energy exports and promised to work to reduce the share of imported Russian energy.
02 August 2022
The RAZONI ship loaded with Ukrainian grain, which reached the shores of Turkey today, anchored at the entrance to the Bosphorus Strait.
An important goal for Ukraine is to ensure the regularity of grain supplies for export.
The total amount of documented damages brought by the Russian invasion of Ukraine has reached $108.3 billion, while minimum recovery needs is estimated at $185 billion
As Ukraine exported goods worth 3.2 billion throughout June, the government now expects further growth in export volumes.
Ukraine received EUR 1 billion in macro-financial assistance from the European Union in full.
Currently, fifteen vessels loaded with grain are technically ready to depart from Ukrainian ports, and two more vessels are being finalized.
In July 2022, Ukraine’s state budget general fund received UAH 169.6 billion.
01 August 2022
Turkey’s National Defense Ministry has shown the Joint Coordination Center monitoring ‘grain corridors’ in Istanbul.
Ukrainian President Volodymyr Zelensky believes it is too early to draw any conclusions and predict further events regarding the Ukrainian grain export initiative, and there cannot be any illusions that Russia will refrain from making attempts to disrupt Ukraine’s exports.
The European Union has transferred EUR 1 billion in exceptional macro-financial assistance to Ukraine, with the first tranche of EUR 500 million already credited to the account of the National Bank of Ukraine.
The US Embassy in Ukraine has welcomed the departure from the Odesa port of the first ship loaded with unblocked Ukrainian grain.
On Monday, August 1, the ship carrying Ukrainian grain departed the port of Odesa for the first time in the past five months.
The export of grain from Ukrainian seaports must be ensured by a military component.
The possibility of the first grain carrier leaving one of Ukraine's ports on Monday is high.
31 July 2022
Egypt will conclude a new contract with Ukraine for the supply of grain as the Ukrainian side was unable to fulfill its contractual obligations in March-April due to Russia’s blockade of ports.
The first caravan consisting of 16 vessels will depart from the Ukrainian ports in the near future. The first ship is expected to enter Turkey’s territorial waters as early as August 3 before moving on to Africa.
A Syrian ship carrying stolen Ukrainian grain was seized in Lebanon.
30 July 2022
S&P Global Ratings has downgraded Ukraine’s long-term foreign currency sovereign rating from ‘CCC+’ to ‘CC’.
29 July 2022
Russian assets, frozen in the European Union, that can be used by Ukraine must be handed over to the embattled country, while the rest must be sold at auctions, with the proceeds being transferred to the Ukrainian budget.
As of July 26, 2022, international financial aid to Ukraine has amounted to almost US$13 billion.
Seventeen vessels have been loaded in “Odesa” and “Chornomorsk” ports, ten of which are ready to leave.
This year Ukraine’s wheat harvest is expected to reach 18-20 million tonnes, which is fivefold higher than the domestic consumer demand.
In the coming days, the Food and Agriculture Organization of the United Nations (FAO) will announce a tender to purchase temporary storage equipment intended for the newly-harvested grain. Farmers from 20 regions of Ukraine will gain access to such equipment.
Ukraine is ready for grain shipments and is awaiting signals from the partners to start.
The ambassadors of the Group of Seven (G7) countries and Turkey have arrived in Odesa to reiterate the importance of implementing the agreement to allow the resumption of Ukrainian food exports.