More than 1300 vessels and 50 billion in revenue: Kiper told about the work of the grain corridor

More than 1300 vessels and 50 billion in revenue: Kiper told about the work of the grain corridor

Kyiv  •  UNN

April 19 2024, 06:00 PM • 26003 views

The grain corridor has been successfully operating and generating foreign exchange earnings despite Russia's attempts to disrupt it: since September last year, 1375 vessels have been operating in the corridor, and international companies are insuring cargo, which is a positive signal for business.

Despite the enemy's attempts to destroy the grain corridor, it is successfully operating and providing foreign exchange earnings. The head of the Odesa Regional State Administration, Oleh Kiper, said this on the air of the "United News" marathon, UNN reports.

"I would like to pay tribute to the Ukrainian Armed Forces for making this grain corridor possible. Last July, Russia unilaterally withdrew from this corridor and it ceased to exist. And then, on the instructions of the President, our defense forces decided how this grain corridor would operate unilaterally.

As of today, since September last year, 1375 vessels have been involved in our grain corridor. This speaks for itself. Many international companies have started insuring these cargoes, which is also a positive signal for business," he said.

Kiper also spoke about the reaction of international partners to the conditions in which the grain corridor operates.

"When they see the process, they are ready to cooperate with us," he added.

In addition, Kiper spoke about the initiative to block the export of agricultural products purchased from farmers for cash through the ports of Odesa region.

"This initiative has been working for 8 months. In August, we signed an order together with the military. We discovered that a lot of foreign currency earnings were not returning to the country. There were one-day companies that exported cargo and then did not return the foreign exchange earnings. What were we losing as a state? The difference in the exchange rate. Because the non-return of foreign currency earnings has always hit the exchange rate.

And we analyzed the figures: in September, the return of foreign exchange earnings was 15 billion, in February - 50 billion. This is what adds additional transactions, jobs, taxes," he added.