KYIV: Ukraine will offer compensation for possible damages to civilian vessels entering its ports, Deputy Prime Minister Oleksandr Kubrakov said on Friday, as Kyiv tries to boost exports that are vital for its war-hit economy.
Ukraine is a major producer and exporter of agricultural products, metals and chemical goods but has faced blockades of Black Sea ports since Russia’s invasion a year ago and only food cargo can be shipped abroad.
Kubrakov said on Twitter that Ukraine’s parliament had approved a law to set up a $500 million insurance fund.
“We’re working on resuming delivery & expanding the range of products. I invite countries of the civilized world & interested businesses to cooperate,” Kubrakov said.
Ukraine said this week it would ask Turkiye and the United Nations to start talks to roll over the Black Sea grain deal that was agreed last year, seeking an extension of at least one year that would include the ports of Mykolaiv.
The Black Sea Grain Initiative brokered by the UN and Turkiye last July allowed grain to be exported from three Ukrainian ports. The agreement was extended in November and will expire on March 18 unless an extension is agreed.
Ukraine to set up $500m insurance fund for cargo ships entering ports
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Ukraine to set up $500m insurance fund for cargo ships entering ports
- "We’re working on resuming delivery & expanding the range of products," Kubrakov said
- Ukraine said this week it would ask Turkiye and the United Nations to start talks to roll over the Black Sea grain deal
Sequestered Suu Kyi overshadows military-run Myanmar election
- Suu Kyi’s reputation abroad has been heavily tarnished over her government’s handling of the Rohingya crisis
YANGON: Ousted Myanmar leader Aung San Suu Kyi has been siloed in military detention since a 2021 coup, but her absence looms large over junta-run polls the generals are touting as a return to democracy.
The Nobel Peace Prize laureate was once the darling of foreign diplomats, with legions of supporters at home and a reputation for redeeming Myanmar from a history of iron-fisted martial rule.
Her followers swept a landslide victory in Myanmar’s last elections in 2020 but the military voided the vote, dissolved her National League for Democracy party and has jailed her in total seclusion.
As she disappeared and a decade-long democratic experiment was halted, activists rose up — first as street protesters and then as guerrilla rebels battling the military in an all-consuming civil war.
Suu Kyi’s reputation abroad has been heavily tarnished over her government’s handling of the Rohingya crisis.
But for her many followers in Myanmar, her name is still a byword for democracy, and her absence on the ballot, an indictment it will be neither free nor fair.
The octogenarian — known in Myanmar as “The Lady” and famed for wearing flowers in her hair — remains under lock and key as her junta jailers hold polls overwriting her 2020 victory. The second of the three-phase election began Sunday, with Suu Kyi’s constituency of Kawhmu outside Yangon being contested by parties cleared to run in the heavily restricted poll.
Suu Kyi has spent around two decades of her life in military detention — but in a striking contradiction, she is the daughter of the founder of Myanmar’s armed forces.
She was born on June 19, 1945, in Japanese-occupied Yangon during the final weeks of WWII.
Her father, Aung San, fought for and against both the British and the Japanese colonizers as he sought to secure independence for his country.
