Where does Ukrainian grain go?

Published 2022년 9월 8일

Tridge summary

The Joint Coordination Center in Istanbul has reported that 36% of Ukrainian exports since the opening of the maritime corridor for agricultural exports from three Ukrainian ports in the Black Sea are destined for European countries, with Spain, Italy, and the Netherlands being the main importers. This contradicts Russian President Putin's criticism of the agreement as showing a "deceitful" and "colonialist" attitude of Western countries, as the common objective of the agreement was to remove more than 20 million tonnes of corn, wheat, and sunflower stored in Ukraine. The markets have reacted to Putin's statements, with Euronext corn and wheat prices increasing.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

These statements are clearly nuanced by the count of the Joint Coordination Center (CCC) in Istanbul, which supervises the maritime corridor opened on August 1 and whose data, communicated to AFP, indicate that 36% of Ukrainian exports were destined for European countries – not the majority. "Almost all grain exported from Ukraine is sent not to developing and poorer countries, but to European Union countries," Putin blasted Sept. 7 at an economic forum in Vladivostok. (Russian Far East). "Deceit", "colonialist" attitude of Western countries: the Russian leader's criticisms directly question the agreement signed at the end of July with kyiv, under Turkish sponsorship and under the aegis of the UN. Wrung out after weeks of discussions to avoid the worst-case scenario - "famine hurricanes" feared by the United Nations in Africa -, this agreement has made it possible to open a maritime corridor for agricultural exports from three Ukrainian ports in the Black Sea, for a period of 120 ...

Source: Pleinchamp