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Hungary will finance the supply of Ukrainian grain to Africa for $3.5 million

17 January
2023

Hungary will finance the supply of Ukrainian grain to Africa for $3.5 million

 

Hungary will finance the supply of 10,000 tons of grain from Ukraine to African countries worth about $3.5 million as part of efforts to resolve the global food crisis.

As European Truth reports, this was stated by the Minister of Foreign Affairs of Hungary, Peter Szijjártó, at a meeting with the Minister of Foreign Affairs of the Democratic Republic of the Congo, Christopheom Lutundula Apala Pen'Apala on Monday, January 9.

Hungary will finance the shipment of 10,000 tons of grain from Ukraine to Africa in the amount of about $3.5 million as part of its global responsibility," said the head of the Hungarian Foreign Ministry.

This is not the first initiative of the Hungarian side in efforts to export grain from Ukraine. For example, in October 2022, Hungary opened a large railway terminal on the border with Ukraine for transshipment of containers from broad gauge to narrow gauge — this project will allow establishing an overland route for the supply of Ukrainian grain to the ports of the northern Adriatic.

Last year, Ukraine launched the humanitarian initiative Grain from Ukraine, within the framework of which, by the middle of 2023, about 60 ships with Ukrainian grain are planned to be sent to the poorest countries in Africa and Asia. It is implemented in partnership with the UN World Food Program (WFP). In mid-November, as part of Grain from Ukraine, the first ship with 27,000 tons of wheat for Ethiopia left the grain corridor.

Before the Russian military invasion in February, Ukraine was one of the largest suppliers of grain to the WFP and the world's fourth largest commercial exporter of wheat.