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This week’s chart illustrates the increase in the monthly volume of Ukrainian grain shipments during the first half of this year (left chart), following Russia’s withdrawal from the Black Sea Grain Initiative in the summer of 2023. Despite the heightened security risks and logistical challenges, Ukraine has managed to significantly boost its grain exports through alternative routes and increased efficiency. The data reveal that Spain […]

The EU supports regional development in South-East Europe with its Black Sea Synergy initiative. By encouraging cooperation between the countries surrounding the Black Sea, the synergy offers a flexible forum for developing practical region-wide solutions to address regional and global challenges. A BOTTOM-UP APPROACH TO PROJECT DEVELOPMENT Launched in 2007, the Black Sea Synergy encourages a bottom-up approach to project development, identifying and supporting the […]

On 26th June 2024, the United Nations Commission on International Trade Law (UNCITRAL) adopted the UNCITRAL/UNIDROIT Model Law on Warehouse Receipts (MLWR) and its Guide to Enactment.. This milestone was the result of a collaborative effort between UNCITRAL and the International Institute for the Unification of Private Law (UNIDROIT) and is seen as a significant step towards modernizing and harmonizing the legal framework for warehouse receipts.. […]