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Explainer – What happens if Black Sea grain corridor deal is not extended?

Commercial vessels including vessels which are part of Black Sea grain deal wait to pass the Bosphorus strait off the shores of Yenikapi during a misty morning in Istanbul, Turkey, on 31st October, 2022.

London, UKReuters A deal allowing Ukraine to export grain via the Black Sea expires on 17th July and with Moscow saying it sees no grounds for an extension there are fears it may collapse. Why is it important?Ukraine is a major producer of grains and oilseeds and the interruption to its exports at the outbreak […]

Explainer – UN plan to get Ukraine grains out faces hurdles

Ukraine grain in hand

Kyiv, UkraineReuters Turkey said on Wednesday a United Nations plan to set up a sea corridor for Ukrainian grain exports overseen by Ankara was “reasonable”, but required more talks with Moscow and Kyiv to ensure ships would be safe. Russia’s invasion of Ukraine in February halted Kyiv’s Black Sea grain exports, threatening a global food […]