Ukrainian cereals: a first ship could leave on Monday - Economic Policy

Ukrainian cereals: a first ship could leave on Monday – Economic Policy

Turkey’s presidential spokesman said on Sunday there is “a high probability” that a first ship carrying Ukrainian grain could leave the port of Odessa, Ukraine, on Monday morning, under terms of an agreement found July 22 with Russia.

“There is a strong probability that a first boat could leave tomorrow morning if everything is settled by this evening,” said Ibrahim Kalin, during an interview with the private channel Kanal 7. Mr. Kalin, however, clarified that there are still “one or two issues to settle in the negotiations with the Russians”. “Preparations have reached a point that would allow the departure of ships from the port of Odessa. The ships have been loaded, they are ready to leave, but good logistical coordination is needed,” he added.

The resumption of exports was also mentioned in a meeting between the Turkish Minister of Defense and the Ukrainian Ministers of Defense and Infrastructure, announced Ankara on Sunday. “It is planned to start transport as soon as possible,” the Turkish ministry said in a statement. The Joint Coordination Center (JCC), responsible for controlling Ukrainian grain exports via the Black Sea, was officially inaugurated on Wednesday in Istanbul in accordance with the agreements signed on July 22.

The agreement to lift the blockade – the first significant text involving both sides since the conflict began – aims to ease a global food crisis that has seen prices soar in some of the world’s poorest countries. The CCC must register and monitor the merchant ships that will participate in the convoys, ensure their follow-up via the internet and by satellite, have the ships inspected at the time of loading in Ukrainian ports and upon their arrival in Turkish ports.

“There is a strong probability that a first boat could leave tomorrow morning if everything is settled by this evening,” said Ibrahim Kalin, during an interview with the private channel Kanal 7. Mr. Kalin, however, clarified that there are still “one or two issues to settle in the negotiations with the Russians”. “Preparations have reached a point that would allow the departure of ships from the port of Odessa. The ships have been loaded, they are ready to leave, but good logistical coordination is needed,” he added. exports was also mentioned in a meeting between the Turkish Minister of Defense and the Ukrainian Ministers of Defense and Infrastructure, Ankara announced on Sunday. “It is planned to start transport as soon as possible,” the Turkish ministry said in a statement. The Joint Coordination Center (JCC), responsible for controlling Ukrainian grain exports via the Black Sea, was officially inaugurated on Wednesday in Istanbul in accordance with the agreements signed on July 22. The agreement to lift the blockade – the first significant text involving both sides since the conflict began – aims to ease a global food crisis that has seen prices soar in some of the world’s poorest countries. The CCC must register and monitor the merchant ships that will participate in the convoys, ensure their follow-up via the internet and by satellite, have the ships inspected at the time of loading in Ukrainian ports and upon their arrival in Turkish ports.

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