Economics
Ukraine’s Ports Show Struggles to Join Global Economy
The government wants to attract foreign investors, but there are some familiar risks.
Workers sweep grain on the dockside during loading operations onto a cargo ship for export in Yuzhniy port.
Photographer: Vincent Mundy/Bloomberg
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Gleaming silos, towering container cranes and hulking cargo ships docked at quaysides in Europe’s biggest corn and sunflower producer should be a symbol of an agricultural exporting powerhouse.
Instead, it’s a cautionary tale of how Ukraine may squander another opportunity to plug the former Soviet republic into the global economy and give safe harbor to the world’s biggest investors.