Lithuania, among other things, offered to export more Ukrainian grain through the Baltic ports after the completion of the grain agreement.
“However, the price will be much higher than shipping across the Black Sea. That is something we have to take into account,” Minister Planas was quoted as saying by the Financial Times.
A UN-Turkey-brokered deal to ensure the safe passage of cargo ships from the war zone in Ukraine has ended due to non-compliance with Russian demands. The last ship left Ukraine on Sunday.
Ukraine and Russia are among the world’s largest grain exporters. US wheat futures rose 8.5%, the biggest gain in days.