Ukraine should get double the funding from the Black Sea Development and Trade Bank,

Wednesday, June 19, 2019
Ukraine should get double the funding from the Black Sea Development and Trade Bank,

Ukraine should get double the funding from the Black Sea Development and Trade Bank, Stepan Kubiv, Economic Development and Trade Minister, said at the annual meeting in Istanbul of the 11-member group. Ukraine contributes 13.5% of the funding but gets only 6% of the project money. Kubiv proposed that next year’s meeting be in Ukraine. Both proposals may go nowhere as the bank president through July 2022 is Dmitry Pankin, a former deputy minister of finance of Russia.

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Over the next four years, Ukraine will increase its grain exports by 40%, to 70 million tons,

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