President Zelenskiy last week signed the law “On Inland Water Transport,”

Thursday, January 7, 2021
President Zelenskiy last week signed the law “On Inland Water Transport,”

President Zelenskiy last week signed the law “On Inland Water Transport,” legislation that opens the Dnipro to foreign flag vessels and allows for the creation of a dedicated fund to rebuild the locks and docks. Artem Kovalev, the Rada member who pushed for the law, has warned: “The river infrastructure is 75% worn out.” With the changes, he predicts, river cargo will triple to 30 million tons a year in 2024, the end of the Zelenskiy presidency. He said this cargo level would generation $500 million in taxes, $625 million in economic activity and 10,000 new jobs.

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