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Business    

Ukrainian farmers lose $1-bln due to Russia’s grain exports restrictions
Journal Staff Report

KYIV, May 24 – Losses incurred by Ukrainian grain producers due to idle ships in the queues of the "grain corridor" amounted to more than $1 billion, President of the Ukrainian Grain Association Mykola Horbachev said.

"This is the money that Ukrainian agricultural producers did not receive. This is the money that traders paid to the owners of the ships for the fact that the ships stood in line for a very long time," he explained on the air of Freedom.




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