European Commission proposes to compensate for grain exports from Ukraine by land
Pravda Ukraine
Janusz Wojciechowski, European Commissioner for Agriculture, has proposed to compensate the transport costs of grain exports from EU funds if it is transported from Ukraine by land.
Source: European Pravda with reference to Bloomberg
Quote: “Russia will be the beneficiary of the situation because it will be cheaper than to pay for the grain from Ukraine transported to the Baltic ports, the cost of this operation will always be higher than what Russia can offer on the global market.