About past, present and future of Ukraine

Search mobile

Main Business Successfully exporting 10 million tons of goods through the maritime corridor to 24 countries worldwide

Business

Successfully exporting 10 million tons of goods through the maritime corridor to 24 countries worldwide

388
Successfully exporting 10 million tons of goods through the maritime corridor to 24 countries worldwide

Share this article

Since August 2023, 302 vessels have exported products from Ukrainian agrarians and other goods to 24 countries worldwide through the maritime corridor in the Black Sea.

According to the Ministry of Restoration, a total of 10 million tons of goods have been exported through the Black Sea maritime corridor.

"Over the course of 4 months, the corridor has expanded the range of goods and started their export. The volume of agricultural products has significantly increased, from 278,000 tons in the first month to almost 5 million tons now," the statement says.

Despite Russia's systematic attacks on Ukrainian port infrastructure, the Ukrainian corridor is operational. The ports of Odessa region have accepted 337 new vessels for loading, with another 79 preparing to be received in the near future.

However, the issue of insurance remains unresolved, keeping insurance rates at a high level.

It is known that 20 billion UAH ($547 million) was allocated in the 2023 state budget to create an insurance fund, but these funds were not used. In the budget for the next year, the size of the insurance fund was reduced by 10 times to 2 billion UAH (at the expense of the reserve fund of the state budget).

The Odessa Journal
more articles

Top article

The Ministry of Defense has signed a contract for the construction of a service center for repairing drones in Ukraine
War

The Ministry of Defense has signed a contract ...

Dmytro Kuleba: Ukraine and Croatia have agreed to use Croatian ports for exporting Ukrainian grain
Business

Dmytro Kuleba: Ukraine and Croatia have agree ...

New sanctions: Defence industry, political parties and individuals linked to oligarchs
Business

New sanctions: Defence industry, political pa ...

Volodymyr Zelensky: We are preparing for the next Ramstein meeting, we expect solidly grounded decisions to meet the prospects on the battlefield
War

Volodymyr Zelensky: We are preparing for the ...