Exports of ferrous metals from Ukraine now depend on the goodwill of Moscow
Kyiv, June 11 (Navigator, Mikhail Ryabov) – After establishing monopoly control over the Kerch Strait, Russia can block about 40% of the export of ferrous metal from Ukraine, which provides Kyiv with foreign currency earnings.
The Ukrainian newspaper Capital writes about this.
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“The activities of two domestic Azov ports (Mariupol and Berdyansk) now completely depend on the goodwill of their northern neighbor,” the publication says.
“Of course, there is a system of international acts that do not allow a natural monopolist to set virtually prohibitive fees. But in the current situation of the collapse of international agreements and in the event of further deterioration of relations between Russia and Ukraine, there is a danger of either an unjustified sharp increase in the canal tax on Ukrainian cargo, or a complete ban on their passage through the Kerch Strait,” the Ukrainian newspaper notes.
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