Ukraine

Ukraine aims to secure USD 42 bln from international partners in 2024, including an anticipated USD 18 bln from the EU and around USD 1.1-1.2 bln per month from the US. That is in addition to support from IMF programs and other initiatives from Norway and Japan. In other news, the EC has lifted restrictions on the export of Ukrainian grain to the EU, while Ukraine agreed to implement an export-licensing system within 30 days. Poland, Hungary, and Slovakia have enacted their own export bans. In a related development, two ships have navigated a new “humanitarian corridor” in the Black Sea to collect Ukrainian grain, marking the first civilian use of the route.