During the shelling of Ukraine's port infrastructure by the Russian Federation in October 2024, damages amounted to $30-40 million, reported Taras Vysotsky, the First Deputy Minister of Agrarian Policy and Food, at the "Media Center Ukraine" on Friday.
"It's difficult to provide a final assessment since, unfortunately, new cases are being added. Insurance companies are currently evaluating the damages. This is especially true for the recent incidents due to intense shelling in early October. The assessment is still ongoing. However, it is already clear that the damages amount to tens of millions of dollars. We have preliminarily estimated the latest shelling at $30-40 million," he stated.
Vysotsky specified that the total losses in the agricultural sector since the beginning of the war are estimated at $82 billion, while the losses specifically in the grain business are between $500-600 million.
He expressed hope that the military risk insurance introduced by the government, along with implementation by international private companies, will help in the current situation.
"Undoubtedly, all losses are being documented and recorded. The amount that the aggressor must compensate already reaches hundreds of billions of dollars. (…) We are confident that everything should be restored. All these losses, every million dollars or 10, 100, 200 thousand dollars are being recorded under all claims of international law. As a state, we will fight for compensation down to the last hryvnia, including for port infrastructure," the First Deputy Minister of Agrarian Policy concluded.