The increase of grain exports and the development of logistics complexes for exports and imports are compensating Ukraine for the reduction of the volume of transit cargo. Ukraine’s Deputy Prime Minister Oleksandr Vilkul announced this at the opening of the first phase of the Brooklyn-Kiev limited liability company’s grain transshipment complex at the Odesa seaport, the CFTS’ correspondent reports.

"Of course, all this does not preclude development of our transit facilities. I am talking particularly about the projects in which the Odessa region is involved – these are the Zubr and Viking trains, the Baltic Sea-Black Sea corridor, and container projects with Turkey. But the increase in grain logistics is compensation for transit in the short-term," said Vilkul.

According to him, the country's agricultural sector is now comparable with its industrial sector because of its dynamic growth. Ukraine is one of the six countries that form the world grain market. The country had a record harvest (60 million tons) in 2013, and experts forecast that its harvest can increase 1.5-fold to 80-90 million tons. Therefore, special attention is being paid to increasing the capacity of the Ukrainian ports through which more than 90 % of the country’s bulk agricultural exports pass, the deputy prime minister stressed.

As reported, Vilkul attended the launch of the first phase of Brooklyn-Kiev’s new grain transshipment complex at the Odessa port, which is being built as part of a joint project between the Administration of Seaports of Ukraine, the Odessa seaport, and the Ukrainian-British company Brooklyn-Kiev.