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Russia, Ukraine Sign Deal to Unblock Grain Exports
Posted
July 22, 2022
Views
14,580
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112
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82
Engagement
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July 22, 2022
14,580
112
82
1.33%
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1:11Now PlayingRussia and Ukraine reached a deal aimed at releasing millions of tons of grain through Ukraine’s Black Sea ports that, if implemented, would mark a vital step toward shoring up global food supplies.
Government officials from Kyiv and Moscow signed agreements with Turkey and the United Nations at a meeting in Istanbul. Grain ship traffic should begin in the coming days, said Turkish President Recep Tayyip Erdogan. The accord involves shipments from three Ukrainian ports: Odesa, Chornomorsk and Pivdennyi, according to United Nations Secretary-General Antonio Guterres.
The deal could help revive agricultural trade from one of the world’s biggest wheat, corn and vegetable-oil exporters. Grain supplies have been strained and prices surged to record levels in recent months amid warnings about a global food crisis in the wake of Russia’s invasion.
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