The US Agency for International Development announced that it has partnered with three agricultural companies to help Kiev deal with export logistics problems due to a wide-ranging war with the Russian Federation.
The US announced the launch of three new programs aimed at developing Ukraine’s agricultural sector and helping grain exports. This was reported on the website of the United States Agency for International Development (USAID).
The announced programs with the participation of Grain Alliance, Kernel and Nibulon will help increase the grain carrying capacity in Ukraine by more than 100 times. 3 million tons per year. It is planned that the United States of America, together with these organizations, will invest $44 million to protect and expand the infrastructure in our country’s agriculture sector.
where to invest
The new investment targets several terminals such as Izmail and Reni on the Danube and Cjerna nad Tisou in Slovakia. In these locations, they will specifically reconstruct the ship loading areas.
It was noted that Kernel and Nibulon’s investments will meet a range of needs, from the design and reconstruction of the berths at Reni port to the expansion of the operational capabilities of the Izmail port.
Grain Alliance will purchase a transshipment warehouse in Slovakia, which will include the construction of silos and the purchase of transport equipment, in particular trucks and wagons.
USAID will supply grain loading equipment, temporary storage facilities and remanufactured locomotives that will later be used in Ukraine.
It is also reported that USAID plans to raise an additional $80 million through other private sector donors and foundations, with a total target investment of $250 million.
By the way, in October 2022 it became known that in the context of the war with Russia, USAID will provide Ukraine with $ 55 million to prepare for the winter. The aid was directed to the regions of Chernihiv, Kharkiv, Kiev, Mykolaiv, Odessa, Zaporozhye and Zhytomyr.
Recall that the post-war future of Ukraine was discussed at the World Economic Forum held in Davos from 17-20 January. Larry Fink, CEO of BlackRock, the world’s largest wealth management company, talked about a multi-billion dollar plan to finance the country.
Meanwhile, Deputy Head of the Office of the President of Ukraine (OP) Rostyslav Shurma doubts that Western partners will allocate $700 billion to Ukraine for post-war reconstruction. According to him, 80 percent of the 700-750 billion dollars that will be invested in Ukraine in the structure of the demolished property are private projects.
Source: Focus
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