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July 22, 2022 at 6:34 pm

Russia and Ukraine Agree On Deal to Resume Grain Exports…

Grain_Food_Farm_Farming
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by Hamza Fareed Malik at City A.M.

Russia and Ukraine reached a deal today that will resume grain exports from Ukrainian Black Sea ports.

The agreement will restore Ukraine’s global grain exports after the war blockaded exports and caused a stoppage, sending food prices surging around the world and causing a global crisis.

“The agreement signed today by Ukraine, the Russian Federation & Türkiye under UN auspices opens a path for commercial food exports from Ukraine in the Black Sea,” said UN Secretary General António Guterres, who was present at the agreement along with Turkey’s president Recep Tayyip Erdoğan.

“It will help avoid a food shortage catastrophe for millions worldwide. It is a beacon of hope, possibility & relief.”

The agreement was signed in Turkey…

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