The deputy head of the National Bank of Ukraine, Serhiy Mykolaevchuk, has said that if the EU maintains the ban on supplies of Ukrainian grain to the European market, Ukraine will lose about 600m dollars.
“In our July macroeconomic forecast, we estimated losses from the ban on exports of agro-industrial products to neighbouring countries at about $600m. Now this estimate remains more or less relevant,” the RBC-Ukraine business daily quoted Serhiy Mykolaevchuk as saying.
He expressed hope that Ukrainian exporters will be able to use alternative supply channels if the EU does not lift the ban on supplies of Ukrainian agricultural products after 15 September.
Earlier, Polish government spokesman Piotr Muller said that Poland was ready to impose a unilateral ban on grain imports from Ukraine if the EU refused to extend such a ban beyond 15 September. And Polish Prime Minister Mateusz Morawiecki said that Warsaw would not allow “flooding with Ukrainian grain” and would not open its borders, whatever the decision of Brussels officials. For his part, Ukrainian Prime Minister Denys Shmygal threatened to appeal to the World Trade Organisation if Warsaw imposes a unilateral ban on imports of Ukrainian grain.
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