Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Strengthening Collaborative Resolve: Another High-Level Meeting to Bolster...

Strengthening Collaborative Resolve: Another High-Level Meeting to Bolster Ukrainian Grain Exports and Global Food Security

January 4, 2024

The United States joined representatives from Romania, Ukraine, the Republic of Moldova, and the European Union for another high-level meeting in Tulcea, Romania to find mutually beneficial solutions to sustain a high volume of Ukrainian grain exports, improve resilience and flexibility in regional trades routes, and combat food insecurity caused by Russia’s decision to withdraw from the Black Sea Grain Initiative (BSGI) and attack global food supply.    Russia’s unilateral withdrawal from the Black Sea Grain Initiative (BSGI) and its attacks on port and grain infrastructure in Ukraine disrupted grain markets and global food security – including in the Global South and food insecure countries around the world.  BSGI helped stabilize lower food prices by nearly 20 percent after Russia’s unprovoked invasion of Ukraine caused spikes in global food prices. While Moscow choses to weaponize food, Romania, Ukraine, the Republic of Moldova, the United States, and the European Union pursue viable solutions to counter Russia’s callous actions.  This fifth multilateral gathering of high-level representatives shows their resolve and commitment to standing with Ukraine and increasing Ukrainian grain exports to the global market despite Russia’s destructive actions.   During the meeting in Tulcea, participants recognized the instrumental role played by Romania and Moldova in facilitating the export of millions of tons of Ukrainian grain that has been critical in averting widespread hunger and reinforcing global food security efforts.  Participants also recognized the substantial benefits the acceleration of Ukrainian grain exports would bring the populations of Ukraine, Romania, and Moldova. Efforts to modernize rail, river, and port infrastructure not only enhance efficiency but also stimulate economic growth within the three countries and the region.  Upgraded transportation networks lead to increased trade activity, generating employment opportunities and contributing to the countries’ revenue.  Construction, maintenance, and operation of crucial transport infrastructure, creates jobs for transportation workers prospects and increases economic prosperity.   These measures underscore substantive progress towards enhancing grain exports from Ukraine.  In this context, it is vital to dispel Russia's disinformation campaign blaming sanctions for the global food security crisis.  United States has not imposed sanctions on the export of Russian agricultural commodities.  Russia’s agricultural exports exceed pre-war levels and could be even higher if not for Russia’s self-imposed export restrictions.  Russia must stop its cruel actions.  It must permit the shipment of life-sustaining grain that feeds millions around the world.  It must stop targeting stored grain and ports.  It must stop threatening ships of non-combatant countries.  Russia must stop weaponizing food.    Today’s meeting was attended by U.S. Assistant Secretary of State for European and Eurasian Affairs James O’Brien, U.S. Ambassador to Romania Kathleen Kavalec, who joined Romanian Minister of Transport and Infrastructure Sorin Grindeanu, Ukrainian Deputy Prime Minister Oleksandr Kubrakov, Moldovan State Secretary in the Ministry of Infrastructure and Regional Development Mircea Pascaluta, and Director General of European Mobility and Transport Magda Kopczynska.

Read in full - click here
Romanian startup Profluo gets funding to scale its solution internationally

Profluo, a startup that automates a company's financial processes using AI, has attracted investment from corporate venture capital fund BCR Seed Starter, Inspire Capital, and other investors in a EUR 850,000 funding round. BCR Seed Starter, which led the round, invested EUR 500,000 in Profluo.  The funding will support the company's plans to scale its […]

Romanian feature film “Catane” to premiere at the International Film Festival of India

The Romanian film “Catane,” signed by Ioana Mischie, will have its world premiere at the International Film Festival of India, held annually in Goa. This year's edition is scheduled between November 20 and 28. The Romanian-Italian comedy stars Costel Caşcaval, Iulia Lumânăre, and Cristian Bota. The first screening of the film is scheduled for November 24.  […]

LPP Logistics launches 65,000 sqm e-commerce warehouse in CTPark Bucharest West

CTP, a leading developer, owner, and manager of industrial and logistics properties, said that it delivered a new 65,000 sqm e-commerce fulfilment centre for LPP Logistics in CTPark Bucharest West. Construction of the building in the Bolintin-Deal area began in March 2025 and was completed in about half a year. According to CTP, “it stands […]

London’s New Bond Street becomes world’s priciest retail destination, Bucharest’s Calea Victoriei ranks 39th

London’s New Bond Street has been crowned the world’s priciest retail destination for the first time, while Bucharest’s Calea Victoriei is in 39th place globally, according to Cushman & Wakefield’s latest Main Streets Across the World report. Rents in Calea Victoriei recorded the 3rd highest growth among the 50 analysed markets worldwide. Calea Victoriei, the […]

European Commission funds four electrification projects developed by Romanian companies with EUR 29.3 mln

The European Commission announced earlier this week that it has selected four electrification projects developed by Romanian companies to receive funding of EUR 29.33 million from the Connecting Europe Facility fund.  The CEF funding round involves a total of over EUR 600 million in EU grants, which will support...

Romania secures UN Dispute Tribunal judge position after international competition

Romania has won the international competition for a judge position at the UN Dispute Tribunal (or UNDT), with judge Adina Elvira-Ghiţă set to take over a seven-year term, according to the Ministry of Foreign Affairs (MAE).  Romania secured 109 votes in the UN General Assembly during the international competition for filling a judge position at […]