Ukraine expects up to $1 bln in monthly revenue since grain export resumption via ports - Infrastructure Ministry

MOSCOW. July 22 (Interfax) - The agreements signed in Istanbul on July 22 to begin moving agricultural products out of Ukrainian ports will generate almost $1 billion in monthly revenue for the country, its Deputy Infrastructure Minister Mustafa Nayyem said.

"This is an opportunity for our agrarians to carry this year's harvest out and have the means to prepare for the next sowing campaign. In addition, this is almost $1 billion in foreign currency revenue monthly," Nayyem said on Telegram on Friday.

"The control over the ports of Odesa, Chornomorsk and Pivdennyi was and remains entirely Ukraine's. No vessels other than those meant to provide for export of grain and related food products and fertilizers should be present at these ports," he said.

"The unblocking of the ports does not involve loosening the sanctions against Russia," Nayyem said.

Earlier on Friday, Russian Defense Minister Sergei Shoigu said on the air of the Rossiya-24 TV channel that two documents aimed at resolving the problems of food and fertilizer supplies to world markets had been signed in Istanbul. "The first one - a memorandum - involves the UN getting involved in lifting the various restrictions on the export of Russian agricultural products and fertilizers to world markets. The second document sets an algorithm for taking Ukrainian agricultural products out of Ukraine-controlled Black Sea ports," he said.