Grain Deal Negotiations Underway Between U.N. Officials and Russian Deputy Foreign Minister
On Monday, U.N. officials and Russian Deputy Foreign Minister Sergi Vershinin started negotiations on a possible extension of the Black Sea Grain Initiative.
The Initiative, brokered by the United Nations and Turkey in July 2022, allows for the exports of Ukrainian grain and fertilizer from three of Ukraine's Black Sea ports. Moreover, the deal also ensures that Russian food and fertilizer reach the global marketplace.
The deal's renewal deadline is rapidly approaching on March 18.
Ukraine's corn and wheat exports have returned to nearly seasonal-average levels since last summer...
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