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Romanian port operators shipped 8.6 million tonnes last year, and 6.3 million tonnes in the first five months of 2023, the Constanta Port authority told Reuters. The port handled 12.17 million tonnes of grains overall in the first five months, a 21% jump on the year. "There are premises that Constanta Port will see a new traffic record," the authority said. As a result, the port could be overwhelmed, even if Black Sea grain initiative is extended, according to Cezar Gheorghe of Romanian grain market consultancy AGRIColumn. The port has a storage capacity of 2 million tonnes, but flows need to be stringently separated for origin certification.

Persons: Cezar Gheorghe, Gheorghe, Luiza Ilie, Marek Strzelecki, Pavel Polityuk, David Evans Organizations: United, Constanta Port, Reuters, AGRIColumn, European Union, EU, Thomson Locations: BUCHAREST, Constanta, Romania, Ukraine, United Nations, Turkey, Romanian, Constanta Port, Moldova, Odessa, Istanbul, Russian, Suez, Western Ukraine, Bucharest, Europe, Warsaw

☆ Romania's Hidroelectrica tops $10 billion valuation in 'historic' IPO
▼ + stars: | 2023-07-05 | by ( ) www.reuters.com time to read: +2 min

BUCHAREST, July 5 (Reuters) - Romanian energy producer Hidroelectrica's IPO has been priced at 104 lei ($22.87) per share, it said on Wednesday, implying a market capitalisation of $10.3 billion in what a government minister described as a "historic success." "We are happy to see the strong investor interest which has driven a successful outcome," said Chief Executive Bogdan Badea. The stock will start trading on July 12 on the Bucharest bourse. The government will retain its 80% holding in the country's largest energy producer, which has power capacity of 6.3 gigawatts from 182 hydroelectric plants. The performance of the shares once they start trading will be watched closely.

Persons: Bogdan Badea, Fondul Proprietatea, Franklin Templeton, Sebastian Burduja, Austria's Verbund, Luiza Ilie, Pablo Mayo, Alexandra Schwarz, David Goodman Organizations: Bucharest bourse, U.S, EU, Bucharest Stock Exchange, Romanian Energy, CAB Payments, Bankers, Vienna Stock Exchange, Pablo Mayo Cerqueiro, Thomson Locations: BUCHAREST, Romanian, Bucharest, London

☆ What would happen if Ukraine joined NATO?
▼ + stars: | 2023-07-05 | by ( ) www.reuters.com time to read: +4 min

Following are the steps that Ukraine has taken on its way to NATO membership, a possible compromise over the next steps - and Russia's view of the developments. AN UNMAPPED PATHIn 2008, NATO agreed at a Bucharest summit that Ukraine - which was part of the Moscow-ruled Soviet Union until its 1991 demise - could eventually join the alliance. Moscow then illegally annexed Crimea from Ukraine in 2014 and backed separatist proxies in eastern Ukraine. It is cited as one of the main reasons why Ukraine cannot join NATO while in conflict with Russia, as this might immediately draw the alliance into an active war. Moscow has said it would cause problems for many years to come if Ukraine joined NATO and has warned of an unspecified response to ensure its security.

Persons: Vladimir Putin, Jens Stoltenberg, Stoltenberg, Ukraine's, Volodymyr Zelenskiy, Sabine Siebold, Philippa Fletcher Organizations: NATO, Russia, Kyiv, Atlantic Treaty Organization, Soviet Union, West, NATO's, Kremlin, Thomson Locations: BRUSSELS, Ukraine, Moscow, Washington, London, Russia, Vilnius, United States, Germany, Russian, Russia's, Bucharest, Soviet, Crimea, Kyiv, NATO, Europe, Finland, Sweden, Britain, NATO's Washington Treaty

☆ Europe's biggest IPO prudently tests the water
▼ + stars: | 2023-07-05 | by ( ) www.reuters.com time to read: +2 min

LONDON, July 5 (Reuters Breakingviews) - Europe’s biggest listing this year is off to a cautious start. Hidroelectrica, Romania’s top hydropower producer, priced on Wednesday its initial public offering (IPO) at 104 lei ($22.87 per share, the middle of a proposed range, raising 1.8 billion euros. That values the whole utility at 46.8 billion lei, or 9.4 billion euros. And temperatures are expected to soar across large parts of the world, making hydropower plants more vulnerable to droughts. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Verbund, Hidroelectrica, Bogdan Nicolae Badea, Yawen Chen, Lisa Jucca, Pranav Kiran Organizations: Reuters, Union, Twitter, KKR, Thomson Locations: Bucharest, Romanian, Ukraine, China

☆ Exclusive: Romania mulling measures to protect farmers at Constanta port, source says
▼ + stars: | 2023-06-23 | by ( ) www.reuters.com time to read: +2 min

[1/2] A view of the cereal terminal with grain silo in the Black Sea port of Constanta, Romania, May 11, 2022. The harvest season begins around July, when Ukraine's Black Sea grain corridor could collapse, and it typically runs until October. At its peak, Constanta port handled roughly 25 million tones of grain exports a year. Agritel estimates its wheat harvest at 8.76 million tonnes, while grain trade association Coceral sees it at 9.57 million tonnes and Romanian consultancy AGRIColumn at 10.5 million tonnes. By comparison, Romanian consultancy AGRIColumn expects Romania will have up to 21 million tonnes of grains and oilseeds available to export in the 2023/2024 season.

Persons: Olimpiu Gheorghiu, Coceral, AGRIColumn, Luiza Ilie, Louise Heavens Organizations: REUTERS, Union, United, Reuters, European Union, EU, Thomson Locations: Black, Constanta, Romania, BUCHAREST, Ukraine, United Nations, Turkey, Brussels, Kyiv, Romanian

☆ Influencer Andrew Tate to stay under house arrest, court rules
▼ + stars: | 2023-06-23 | by ( ) www.reuters.com time to read: +2 min

BUCHAREST, June 23 (Reuters) - Internet personality Andrew Tate will remain under house arrest in Romania for another 30 days from the end of June pending trial on charges of human trafficking, a Bucharest court ruled on Friday. They are under house arrest pending an investigation into abuses against seven women whom prosecutors say were lured through false claims of relationships, accusations the suspects have denied. The four suspects were held in police custody from Dec. 29 until March 31 before a Bucharest court put them under house arrest, which prosecutors on Tuesday sought to extend. The court needs to approve preventative restrictive measures such as house arrest every 30 days. "We're not the first affluent wealthy men who have been unfairly attacked," Tate told reporters on Wednesday after the hearing.

Persons: Andrew Tate, Tate, Tristan, We're, Prosecutors, Luiza Ilie, Octav, Alan Charlish, Peter Graff Organizations: Thomson Locations: BUCHAREST, Romania, Bucharest, United States, Britain

☆ Andrew Tate: Controversial influencer arrives at Bucharest court alongside his brother
▼ + stars: | 2023-06-21 | by ( Amy Croffey | ) edition.cnn.com time to read: +1 min

CNN —Andrew Tate, the self-proclaimed “misogynist” online influencer, was appearing in a Bucharest court alongside his brother Wednesday on charges of human trafficking and rape. The Tate brothers are the highest-profile suspects to face trial on human-trafficking charges in Romania. Andrew Tate has also been charged with raping one of the victims, while his brother Tristan has been charged with instigating others to violence. Prosecutors have said the Tate brothers recruited their victims by seducing them and falsely claiming to want a relationship or marriage. The Tate brothers’ legal team said it “will embrace the opportunity to fight in court and present arguments and evidence” to prove their innocence, according to a statement obtained by CNN affiliate Antena3 in Romania.

Persons: Andrew Tate, “, Tate, Tristan Organizations: CNN, Bucharest Tribunal, Prosecutors, Tate, Antena3 Locations: Bucharest, Romania

☆ Romanian prosecutors send Andrew Tate to trial for human trafficking
▼ + stars: | 2023-06-20 | by ( Luiza Ilie | Thomson Reuters | Bucharest-Based General News Reporter Covering A Wide Range Of Romanian Topics Elections | ) www.reuters.com time to read: +3 min

[1/2] Andrew Tate and Tristan Tate are escorted by police officers outside the headquarters of the Directorate for Investigating Organized Crime and Terrorism in Bucharest (DIICOT) after being detained for 24 hours, in Bucharest, Romania, December 29, 2022. Inquam Photos/Octav Ganea via REUTERS/File... Read moreBUCHAREST, June 20 (Reuters) - Romanian prosecutors sent social media influencer Andrew Tate, his brother Tristan and two other suspects to trial on Tuesday on charges of human trafficking, rape and forming a criminal gang to sexually exploit women. The brothers, former kickboxers who have U.S. and British nationality, are the highest profile suspects to be sent to trial for human trafficking in Romania. "Im sure this case has absolutely nothing to do with stealing my wealth," Andrew Tate said on his Twitter account. Prosecutors have said the Tate brothers recruited their victims by seducing them and falsely claiming to want a relationship or marriage.

Persons: Andrew Tate, Tristan Tate, Ganea, Read, Tristan, Tate, Prosecutors, cryptocurrency, Luiza Ilie, Jason Hovet, Alexandra Hudson, Angus MacSwan Organizations: Terrorism, REUTERS, Prosecutors, U.S . State Department, Thomson Locations: Bucharest, Romania, BUCHAREST

☆ Andrew Tate Indicted on Charges of Human Trafficking in Romania
▼ + stars: | 2023-06-20 | by ( Isabella Kwai | ) www.nytimes.com time to read: 1 min

Andrew Tate, an antagonistic online personality known for his misogyny, has been indicted in Romania on charges including human trafficking and forming an organized criminal group related to the abuse of women, prosecutors there said in a statement on Tuesday. Mr. Tate, 36, a British American former kickboxer, had been living in Romania and was arrested there in December last year along with his younger brother, Tristan Tate, and two Romanian women. They were initially held in a Bucharest jail. The four have been under house arrest since April as investigations continued into the charges that were laid against them after they were arrested, which included a rape charge against one suspect as well as human trafficking and forming an organized criminal group. With the indictment, they will now face a trial in a Bucharest court, thought it was unclear when that would take place.

Persons: Andrew Tate, Tate, Tristan Tate Locations: Romania, British American, Bucharest

CNN —Online influencer Andrew Tate, his brother Tristan and two Romanian citizens were indicted Tuesday on charges of human trafficking, rape and setting up a criminal gang, according to a statement from Romanian prosecutors. The Tate brothers and two Romanian female suspects are under house arrest pending a criminal investigation for abuses committed against seven women, accusations they have denied. Video: See Romanian police raiding Andrew Tate's home 02:08 - Source: CNNAndrew Tate has also been charged with raping one of the victims, while his brother Tristan has been charged with instigating others to violence. Prosecutors have said the Tate brothers recruited their victims by seducing them and falsely claiming to want a relationship or marriage. The Tate brothers’ legal team said it “will embrace the opportunity to fight in court and present arguments and evidence” to prove their innocence, according to a statement obtained by CNN affiliate Antena3 in Romania.

Persons: Andrew Tate, Tristan, Tate, Andrew Tate's, CNN Andrew Tate, Andrew, Tristan Tate, ” Tate, Elon Musk Organizations: CNN, Prosecutors, Tate, Antena3, Bucharest Court, Elon Locations: Bucharest, Romania’s, Romania

☆ OMV Petrom makes largest crude oil discovery in decades
▼ + stars: | 2023-06-13 | by ( ) www.reuters.com time to read: +1 min

BUCHAREST, June 13 (Reuters) - Romanian oil and gas group OMV Petrom (ROSNP.BX), majority-controlled by Austria's OMV (OMVV.VI), said on Tuesday it discovered new crude oil and natural gas deposits equal to about three quarters of its overall 2022 production. The deposits are the largest crude oil discovery OMV Petrom has made in decades, it said, and were found in southern Romania holding over 30 million barrerls of oil equivalent (boe) of recoverable resources. OMV Petrom has said it expected a decision around the middle of this year for the Neptun Deep gas project, estimated to cost around 4 billion euros ($4.32 billion). In May, Romanian lawmakers changed the law to enforce an additional tax on refined crude oil which applies to OMV Petrom. OMV Petrom shares were up 0.65% on the day on the Bucharest Stock Exchange by 1135 GMT.

Persons: Austria's OMV, Petrom, Cristian Hubati, Romgaz, OMV Petrom, Luiza Ilie, Jason Hovet, Alan Charlish Organizations: Bucharest Stock Exchange, Thomson Locations: BUCHAREST, Romania

☆ Romanian prosecutors change human trafficking charge against Andrew Tate
▼ + stars: | 2023-06-13 | by ( ) www.reuters.com time to read: +2 min

BUCHAREST, June 13(Reuters) - Romanian prosecutors said on Tuesday that social media influencer Andrew Tate, his brother Tristan and two other suspects were being investigated for human trafficking in continued form, saying it was a more serious crime than separate counts of trafficking. The Tate brothers and two Romanian female suspects are under house arrest pending a criminal investigation for suspected human trafficking, rape and forming a criminal gang to sexually exploit women, accusations they have denied. Under Romanian legislation, prosecutors have filed charges against the four suspects, but the case is under investigation and has not yet gone to trial. On Tuesday, Romania's DIICOT anti-organised crime prosecuting unit notified the Tate brothers that the human trafficking charge had changed to trafficking in continued form, a DIICOT spokesperson said. Also on Tuesday, DIICOT prosecutors said they had opened a separate criminal investigation against a Romanian man close to the Tate brothers on allegations of human trafficking and forming a criminal crime group to sexually exploit seven women.

Persons: Andrew Tate, Tristan, Tate, Romania's, DIICOT, Vlad Obuzic, Luiza Ilie, Ed Osmond Organizations: Prosecutors, Tate, Thomson Locations: BUCHAREST, Bucharest, Romanian

CNN —Romania is recalling its ambassador to Kenya back to Bucharest and has apologized after its envoy in Nairobi allegedly compared a monkey to African diplomats. Documents obtained by CNN showed African diplomats formally condemning Dragos Tigau’s comments during a meeting of eastern European envoys held in April at the UN’s office in the Kenyan capital. “The African Group has joined us,” Ambassador Tigau allegedly said when a monkey appeared at a window in the conference room, according to the letter which demanded an apology. “The African Group would like to condemn in strongest terms possible the insulting, racist and degrading utterances,” wrote Chol Ajong’o, South Sudan’s ambassador to Kenya who leads African diplomats in Nairobi. CNN obtained two apology letters sent by Tigau to African diplomats four days apart.

Persons: Dragos Tigau’s, Tigau, “, ” Organizations: CNN —, CNN, Kenyan, African Group, ” Locations: CNN — Romania, Kenya, Bucharest, Nairobi, “, South, Romanian

☆ Train review: What it’s like to ride the Venice Simplon-Orient-Express
▼ + stars: | 2023-06-09 | by ( Chris Dwyer | ) www.cnbc.com time to read: +5 min

That's according to Matthieu Ollier, manager of the Venice Simplon-Orient-Express, who said the train's Grand Suites cost 24,000 euros ($25,850) for a one-night trip from Venice to London. A train steward on the Venice Simplon-Orient-Express. The ensuite bathroom in the Venice Simplon-Orient-Express' Budapest Suite. The bar car on board the Venice Simplon-Orient-Express. Source: Venice Simplon-Orient-Express

Persons: Matthieu Ollier, Willy Wonka's, Chris Dwyer, Ollier, John Travolta, Angelina Jolie, Kate Winslet, Wes Anderson, Agatha Christie's, Christie, Champagne —, Austria's Brenner, Chef Jean Imbert, Jean Imbert, —, serenaded Organizations: Orient, Express, Orient Express, Athénée, Venice Locations: Venice, London, Belmond, United States, Paris, Bucharest, Munich, Istanbul, —, Budapest, Murano, Tsar, Austria's, Switzerland, France

☆ Andrew Tate claims he’s a force for good. Others say he spreads a ‘misogynistic rape culture’
▼ + stars: | 2023-06-02 | by ( Sophie Tanno | ) edition.cnn.com time to read: +12 min

Emory Andrew Tate III is a 36-year-old professional fighter-turned media personality from Chicago who has racked up billions of views online for his rants about male dominance, female submission and wealth. In the years since, he has become a divisive online content creator with the self-proclaimed “misogynist” suspended from all major social media platforms. ‘Daily diet of misogyny’Tate has been accused of pedaling hateful views online and making his controversial lifestyle appealing to young and vulnerable audiences. Introduce the topic by saying you have read about Andrew Tate and ask if they have heard of him,” she suggested. According to Drummond, schools are being proactive in starting conversations that allow adolescent males to explore issues surrounding Tate and his ideology.

Persons: Andrew Tate, Lucy Williamson, Tate, “, ”, Williamson, I’ve, I’m, ” Tate, Jayne Butler, Tristan, Emory Andrew Tate, “ misogynist ”, Elon Musk, Vadim Ghirda, Greta Thunberg, ’ Tate, Hope, Georgie Laming, Tate’s misogynist, ” Laming, Alicia Drummond, ” Drummond, Drummond, Laming, Tommy Robinson, YouTuber Paul Joseph Watson, Alex Jones, “ Tate, Andreea Alexandru, can’t Organizations: London CNN, Wales, American, Twitter, Facebook, YouTube, Media, Elon, AP Tate, Romania’s, CNN, Tate, Management Agency, Hate Locations: Romania, England, British, Chicago, Bucharest, Britain, United States, Australia, “

☆ Kremlin says Ukrainian NATO membership would cause problems for many years
▼ + stars: | 2023-06-02 | by ( ) www.reuters.com time to read: +2 min

President Volodymyr Zelenskiy pressed his case on Thursday for Ukraine to be part of the NATO military alliance and urged the alliance to provide security guarantees if membership were not possible for now. "Ukraine's membership in NATO, of course, is one of the main irritants and would be a potential problem for many, many years," Peskov said. NATO leaders agreed at a summit in Bucharest in 2008 that Ukraine and Georgia would one day become members of NATO. So far, however, no concrete steps or timetable has been published that would actually bring Ukraine closer to NATO. "The Russian Federation... will ensure its interests and its security," Peskov said.

Persons: Volodymyr Zelenskiy, Dmitry Peskov, Peskov, Guy Faulconbridge, Gareth Jones Organizations: Ukraine, NATO, European Union, Kremlin, EU, Russian Federation, Thomson Locations: MOSCOW, United States, Ukraine, EU, Bucharest, Georgia, Europe, Russia

☆ Andrew Tate Thought He Was Above the Law. Romania Proved Him Wrong.
▼ + stars: | 2023-05-22 | by ( Andrew Higgins | ) www.nytimes.com time to read: +1 min

Andrew Tate, a pugilistic online influencer and self-crowned “king of toxic masculinity,” never made any secret of why he had chosen Romania as his home and business base. “I like living in a society where my money, my influence and my power mean that I’m not below or beholden” to any laws, Mr. Tate told his fans. But, like much of what the former kickboxer has told his millions of mostly young male followers on social media — including claims that he is a trillionaire and has 19 passports — Mr. Tate’s proclamation of faith in Romania as a risk-free haven for antisocial behavior reflected more fantasy than reality. The Romanian authorities arrested Mr. Tate, a citizen of both the United States and Britain, and his younger brother, Tristan, in December on charges of human trafficking, rape and forming an organized criminal group. Held for three months in a jail in Bucharest, the capital, both men, who deny any wrongdoing, are now under house arrest, awaiting trial.

Farmers in Poland and other eastern European countries who held out for higher prices have been hit by a perfect storm. A jump in exports from Brazil and Russia helped to drive global grain prices lower while the EU opened its borders to tariff-free Ukrainian grain imports in a show of solidarity after Russia blocked the country's Black Sea ports. After opening its borders to Ukrainian grain, Poland imported 2.08 million tonnes of maize and 579,315 tonnes of wheat last year, up from just 6,269 tonnes of maize and 3,033 tonnes of wheat in 2021. If the grain corridor due to expire this month were to collapse, Ukrainian farmers would have little option but to send all their grain exports through eastern Europe. European wheat prices hit post-harvest highs in October 2022 of more than 350 euros a tonne but since then prices have dropped to pre-invasion levels of about 235 euros.

☆ Chess-China's Ding Liren defies odds to become world champion
▼ + stars: | 2023-04-30 | by ( Alessandro Parodi | ) www.reuters.com time to read: +2 min

April 30 (Reuters) - China's Ding Liren was crowned on Sunday as the 17th world chess champion in a tense match against Russian-born Ian Nepomniachtchi in Astana, Kazakhstan, in the last chapter of an odds-defying sequence of events. "One Ding to rule em all," fellow grandmaster Anish Giri wrote on Twitter in honour of the new champion. Ding's triumph means China holds both the men's and women's world titles, with current women's champion Ju Wenjun set to defend her title against compatriot Lei Tingjie in July. "The moment Ian resigned the game was a very emotional moment, I cannot control my feelings," the new world champion said in a press conference. Carlsen said he was not motivated to play shortly after Nepomniachtchi won the Candidates tournament, the prestigious qualifier to the match.

☆ ‘R.M.N.’ Review: A Bleak Diagnosis for Romania
▼ + stars: | 2023-04-27 | by ( Manohla Dargis | ) www.nytimes.com time to read: +2 min

Deep into “R.M.N.,” an anatomy of the human condition, this powerhouse of a movie gets deeper, creepier and unnervingly familiar. At that point, dozens of residents in a Romanian village have gathered for an impromptu town hall. I’ve called the movie an anatomy, but this scene is more of an autopsy. “R.M.N.” is set in motion by Matthias (Marin Grigore), a hulking brute who stalks the movie like a threat. He moves back in with his wary wife and young son, and pursues and beds a former lover.

☆ Romanian prosecutors add charge against online personality Tristan Tate
▼ + stars: | 2023-04-25 | by ( ) www.reuters.com time to read: +1 min

BUCHAREST, April 25(Reuters) - Romanian prosecutors said on Tuesday they are investigating online personality Tristan Tate on an additional charge of inciting others to violence in a case in which he and his more famous brother Andrew are accused of sexually exploiting women. On Monday, Romania's DIICOT anti-organised crime prosecuting unit notified Tristan Tate that an additional charge of inciting others to violence was added to his name, DIICOT spokesperson Ramona Bolla told Reuters. On Twitter, Tristan Tate said prosecutors were making up new charges without evidence. Under Romanian legislation, prosecutors have filed charges against the four suspects, but the case is under investigation and has not gone to trial. The spokesperson said the prosecutors were also looking into accusations of money laundering, but had not issued any related charges.

☆ The F-35 is becoming the most popular fighter jet among NATO militaries — with one 'baffling' exception
▼ + stars: | 2023-04-20 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

Romania is the latest NATO member to say it will buy the F-35 stealth fighter jet. To some in the West, Turkey's decision to choose the S-400 over the F-35 just does not compute. As one of the original partners in the US-led F-35 program, Turkey should have been among the first to get the cutting-edge stealth fighter. The F-35/S-400 controversy illustrates Turkey's position as the odd man in NATO since it joined in 1952. Putin and Erdogan inspect a Russian Su-57 fighter jet at the MAKS air show in Russia in August 2019.

The voice on the other end asked Roscoe if he would serve as an eleventh-hour mediator in the massive defamation lawsuit filed by Dominion Voting Systems against Fox News. “I said yes,” Roscoe told CNN on Wednesday, recalling advice his father gave him at the age of 16 about accepting work assignments while on vacation. Eduardo Munoz/Reuters/Eric Lee/Bloomberg/Getty ImagesIn the lead up to the last-second deal, attorneys for both Fox News and Dominion were fully expecting a trial. Last week, Dominion had notified Fox News that one of its first witnesses would be Rupert Murdoch, the 92-year-old Fox Corporation chairman, a person familiar with the matter told CNN. “Presence in the courtroom often tends to crystalize the focus of the risks and benefits of litigation,” Roscoe told CNN.

The Black Sea and its Ukrainian coast have been crucial theatres of war since Russia's invasion of Ukraine last year. "The Black Sea is instrumental for making the whole of Europe peaceful and future-oriented," Kuleba, speaking via video link, told a Black Sea security conference in the Romanian capital Bucharest. It's time to turn the Black Sea into what the Baltic Sea has become, a sea of NATO." The remarks were brushed aside in Moscow, where Kremlin spokesman Dmitry Peskov told a briefing: "The Black Sea can never be a NATO sea." Romanian Foreign Minister Bogdan Aurescu said a strong NATO foothold in the Black Sea going forward was a "must."

☆ Ukraine farmers say protests in EU over Ukrainian grain are political
▼ + stars: | 2023-04-12 | by ( Pavel Polityuk | ) www.reuters.com time to read: +3 min

Inquam Photos/George Calin via REUTERSKYIV, April 12 (Reuters) - Protests by European farmers are political and shipments of Ukrainian grain are not reducing the profitability of their business, Ukrainian food producers' union UAC said on Wednesday. Poland last week said it would temporarily halt Ukrainian grain imports after farmers' protests led Poland's agriculture minister to resign, but transit would still be allowed. "The political nature of the European farmers' strikes is obvious. "However, certain forces need to demonstrate that this is due to an oversupply of Ukrainian grain," he said, noting that the country faced elections later this year. Ukrainian officials this month said, however, the country may export a further 15.6 million tonnes of grain in the April-to-June quarter, which would lift this season's exports to nearly 53 million tonnes.

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