Page 85 - UKRRptFeb24

through Ukrainian seaports, bypassing Russia. European and international financial institutions are allocating €10B to develop the Trans-Caspian transport corridor from China to Europe, bypassing Russia, said Valdis Dombrovskis, Vice President of the EC. The route will allow goods to be delivered to Europe in 15 days. The EIB has already signed €1.47B in memorandums for loans for the corridor's development with the governments of Kazakhstan, Kyrgyzstan, and Uzbekistan, as well as the Development Bank of Kazakhstan. The loans are provided under the guarantee of the European Commission. The EBRD also announced the signing of a €1.5B memorandum with Kazakhstan. The Trans-Caspian Corridor will pass through five countries of Central Asia and the Caucasus and branch off with a land route through Turkey to Europe and a sea route through the Black Sea to Romania and Bulgaria. Odesa and Chornomorsk are included in the sea portion of the corridor.
● Planes
A Turkish company will build a logistics hub at an airport in the Kyiv region. The Turkish company Mabtec Engineering and Consultancy plans to build a logistics and transport hub at Antonov Airport, located near Kyiv. It will start working after the opening of Ukraine's airspace.
Ukraine plans to resume flights at two major airports. Ukraine is actively working with its partners to restore air traffic that was suspended almost two years ago in response to Russia’s full-scale invasion, said Deputy Head of the Office of the President Rostislav Shurma. Although he did not specify the terms for opening air traffic, he noted that Ukraine has an "internal road map and schedule." Shurma clarified that Ukraine is considering opening the Boryspil international airport near Kyiv or an airport in Lviv. However, the priority is Boryspil, he said. According to the official, Kyiv is consulting with Israeli colleagues on the technical conditions that are necessary to resume flights. "We need to get approval from IATA (International Air Transport Association) and FAA (US Federal Aviation Administration), which is not an easy task. It also depends more on the bold decisions of our international partners, which we believe we will get," Shurma emphasized. It should be noted that back in the fall of 2023, the Office of the President began to consider opening one of Ukraine’s civilian airports before the end of the war.
● Trains
Export railway transportation decreased by 5.8%. 2023’s volume of export transportation by railway decreased by 5.8% to 56 million tons. This results from a decrease in the export transportation of iron ore raw materials, ferrous metals, mineral building materials, non-ferrous metal ores, and fertilizers. In the general structure of railway exports, grain cargoes dominate - 40.6%, followed by iron ore raw materials - 35.2% and ferrous metals - 8.1%.
● Ships
Export from Ukrainian ports is growing and bringing billions to the economy. As of January 29, dozens of ships were loading in the ports of Odesa. Agricultural products are exported the most, and metallurgy accounts for a significant portion.
Nine vessels were in the port of Odesa, another 17 in Chornomorsk, and five in
85 UKRAINE Country Report February 2024 www.intellinews.com