According to international news, Ukraine will offer compensation for possible damages to civilian vessels entering its ports.
Ukraine is a significant producer and exporter of metals, chemicals, and agricultural products, but since Russia’s invasion a year ago, Black Sea ports have been blocked and only food cargo can be sent abroad.
Kubrakov said on Twitter that Ukraine’s parliament had approved a law to set up a $500 million insurance fund.
We’re working on resuming delivery & expanding the range of products. I invite countries of the civilized world & interested businesses to cooperate.
In order to extend the Black Sea grain agreement that was reached last year by at least one year and to include the ports of Mykolaiv, Ukraine indicated this week that it would ask Turkey and the UN to begin negotiations. The Black Sea Grain Initiative brokered by the U.N. and Turkey last July allowed grain to be exported from three Ukrainian ports.
Namely, in mid November, UN and Ukraine had agreed to extend the Black Sea Grain Initiative by 120 days, aiming to ease global food shortages by facilitating Ukraine’s agricultural exports from its southern Black Sea ports.