Ukraine introduces export license for key agricultural products

As per a report from Interfax, Ukraine has introduced export licenses for its key agriculture commodities including wheat, corn and sunflower oil.

Traders will also need licences to export poultry and eggs.

Incidentally, Ukraine is among the world’s leading producers and exporters of grain and vegetable oils.

Ukraine, the world’s largest exporter of sunflower oil, said it can export more than 60 million tonnes of grain, including 33 million tonnes of corn and 23 million tonnes of wheat in the 2021/22 July-June season.

Following its invasion by Russia, Ukraine had suspended exports of several agricultural commodities such as rye, oats, millet, buckwheat, salt, sugar, meat and livestock.

In a statement Ukraine’s state-run Ukrainian Railways said, it is ready to organise agricultural exports by rail as a matter of urgency after it was forced to close its ports in the Black Sea.

Ukrainian Railways aims to ship grains to Romania, Hungary, Slovakia and Poland, from where it can be delivered to ports and logistics hubs of European countries.

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