• Number of the week: 60%

    Boróka Parászka September 13, 2023 HVG

    Romania has come to Ukraine’s aid after Russia broke a wartime shipping agreement that allowed the safe passage of grain via the Black Sea. 60 percent of Ukraine’s grain exports will now access the world markets through Romania.

    In August, Kyiv and Bucharest reached an agreement to increase the war-torn country’s grain exports and improve river, rail, road and maritime transit infrastructure, including border crossings.

    At the same time, Ukraine’s neighbour is acting as a transit country, because it has been protecting Romanian markets from Ukrainian grain imports, along with Slovakia, Hungary, Bulgaria and Poland. Last year before this ban, Romania bought 13 percent of Ukraine’s grain exports, worth $1.2 billion.

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    This article is part of the "The Grain Path" edition
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    Number of the week: 60%