56 WTO members promised to help exports from Ukraine

WTO members expressed concern about the destruction of infrastructure on the territory of Ukraine and the consequences for world trade, and also promised to help Kyiv export

The European Union, the United States, the United Kingdom, Australia and 52 other members of the World Trade Organization (WTO) , with a total of 164 members) in a joint statement expressed support for Ukraine and promised to assist exports from its territory.

“We urge WTO members to do the same <…>, including through simplification of customs procedures»,— U.S. Trade Representative Katherine Tai said in a statement.

WTO members pointed out that as a result of hostilities on Ukrainian territory, a significant part of the transport infrastructure, including roads, bridges, ports and railways, was destroyed, which “significantly reduces the ability of Ukraine to produce, export and import.”

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“We are seriously concerned about the consequences of this disruption for Ukraine and for world trade, in particular in relation to the supply to international markets of a number of key goods produced by Ukraine, including agricultural and food products, fertilizers, sunflower oil and essential minerals,” & mdash; they said.

The authors of the statement also indicated that they were concerned about reports of the theft of Ukrainian grain (the New York Times wrote about this, in particular; Ukraine also accused Russia of stealing grain. Moscow denies the accusations). They stated the importance of maintaining Ukraine's ability to trade and called for “not to allow trade routes, especially sea routes and ports, to be blocked with the threat of the use of force.”

Read on RBC Pro Pro How value stocks save investors when the market falls Articles Pro The price of PhosAgro products at a historical peak. What to Expect from the Giant's Stocks Pro Articles Parallel Imports: What Goods Can Be Imported from Turkey to Bypass Sanctions Pro Articles Let's Break Through: Three Keys to Success in Strategic Planning Pro Articles Serendipity: Making Coincidences Non-Random Pro How To When you can replace an IT specialist with a software robot and save moneyIn early May, the Minister of Agrarian Policy and Food of Ukraine Mykola Solsky said that due to the blockade of the country's seaports, 7 million tons of wheat, 14 million tons of corn grain, 3 million tons of sunflower oil and 3 million tons of sunflower cake did not enter the world market. According to Ukrainian President Volodymyr Zelensky, the country can export 2 million tons of agricultural products per month by rail, while Ukraine was able to export up to 10 million tons by sea.

Ukraine accuses Russia of blocking ships in ports , the authorities of a number of Western countries believe that the Russian military operation has exacerbated the food crisis. Moscow says Ukrainian ports and waters around them are mined and merchant ships are at risk of being blown up, while problems with food supplies have caused “disruptions in production and supply chains.” President Vladimir Putin offered to help resolve the crisis if sanctions were lifted on Russia.

Deputy Foreign Minister of Ukraine Dmitry Senik said on June 12 that Kiev had developed two routes for grain exports through Poland and Romania, and was discussing the creation of a third corridor through the countries the Baltics. The German authorities, in turn, said that they are discussing the creation of a monetary fund to accelerate the export of Ukrainian grain by rail.

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