The termination of the grain deal threatens the country with a monthly loss of 290 million dollars, thanks to the penetration of Ukrainian agricultural products into foreign markets, including the European market. informs newspaper “Moskovsky Komsomolets”, which refers to the inflation report of the local Central Bank (National Bank).
The end of the “grain corridor” will reduce foreign currency inflows by $290 million per month. At the same time, the extension of restrictions on Ukrainian food imports by some European countries will reduce Ukraine’s foreign exchange income by 270 million dollars per month.
At the same time, with the simultaneous implementation of the above restrictions, the losses of the Ukrainian economy will increase significantly. The country’s Central Bank analysts concluded that the damage in this scenario would be $800 million on a monthly basis.
On May 6, Kommersant newspaper, citing sources knowledgeableIt has been reported that the meeting on the grain agreement, which was supposed to be held on Friday, May 5, by the representatives of Russia, Ukraine, Turkey and the UN, has been postponed until next week. The parties to the four-way agreement resumed their extension negotiations. The parties have already held technical negotiations.