Tag Archives: Black Sea Grain Deal

Reuters’ Guy Faulconbridge and Tuvan Gümrükçü reported Monday that ″Russia and Ukraine negotiated for two months with Türkiye on a deal to ensure the safety of shipping in the Black Sea and reached agreement on a text that was to be announced by Ankara but Kyiv suddenly pulled out, four people …

LONDON… ‘No one can doubt the need for UN and multilateral system reform,” says Leo Varadkar… Irish Prime Minister Leo Varadkar said Friday the collapse of the Black Sea grain deal “has only made this bad situation worse” as he expressed concern about increasing global food, energy and economic insecurity. …

Türkiye doubts Black Sea grain deal could survive without Russia, says President Erdoğan’s chief adviser… There is no alternative to the Black Sea Grain Initiative, Turkish President Recep Tayyip Erdogan’s chief adviser Akif Çağatay Kılıç said on Monday.  Stressing the importance of the revival of the Black Sea grain deal, …

Escalation of military tensions in region following halt of Black Sea Grain deal raises concerns about future of global food markets… MOSCOW… The revival of the Black Sea grain deal is significant for global food price stability and continued access to food in poor countries. Following Russian President Vladimir Putin’s …

Russia’s exit from a breakthrough deal that allowed Ukraine to export grain safely from its seaports via the Black Sea could drive global grain prices up by 10%-15%, the International Monetary Fund (IMF) warned Tuesday but said it was continuing to assess the situation. The Black Sea grain deal had …

Russia on Monday announced it had halted an unprecedented wartime deal allowing the grain to safely flow from Ukraine to parts of the world where millions are going hungry, a fresh threat to global food security. Moscow will suspend the Black Sea Grain Initiative until its demands to get its …

The landmark initiative safeguarding exports of Ukrainian grain via the Black Sea, crucial in alleviating a global food crisis sparked by the Russian invasion, has been the subject of grueling talks to get Moscow to agree to its renewal. Set to expire late Monday, the deal brokered by the United …

Volume of food exported in May was lowest since start of initiative and well below shipping demand, Ukraine’s export capacity, says UN Information Office… A total of 31.9 million metric tons of grain and foodstuffs have been exported under the Black Sea Grain Initiative since its implementation last July. The …

The United Nations proposed to launch preparations for the transit of Russian ammonia through Ukraine with the goal to save the Black Sea Grain Initiative, a source said Wednesday. As the preparatory work starts, the U.N. wants parallel talks to be held on widening the Black Sea deal that was …

The Black Sea grain deal, which was set to expire May 18 but was extended for two months, is important to keep global food supplies flowing and stabilize markets for all customers, according to the World Food Programme (WFP). “We don’t see prices rising again and hitting the poorest people …