The European Commission will allocate 50 million euros ($54,7 million) to restore Ukrainian ports affected by Russian attacks, according to the Commission’s President Ursula von der Leyen.
“Despite the war, Ukraine keeps feeding the world. In this effort, you can count on the EU. We continue enhancing our Solidarity Lanes and will provide €50 million to repair your port infrastructure. Together we ship Ukrainian grain to the world,” she wrote on X/Twitter on 25 November.
The European Commission President noted that Russia’s exit from the Black Sea Grain Initiative that allowed Ukraine safe grain exports and Russia’s persistent assaults on Ukrainian ports and infrastructure are “indeed a cause for deep concern” as they undermine the flow of global food supplies and for Ukraine’s economy.
“Improved port capacities will speed up exports of food and other goods which Ukraine supplies to global markets. Over time, our investment should allow Ukraine’s ports to return to export quantities that were in place before the war,” she said.
Copyright Ships & Ports Ltd. Permission to use quotations from this article is granted subject to appropriate credit given to www.shipsandports.com.ng as the source.
