What is the Black Sea Grain Initiative?

News Today 5.11.2022

In a move that allayed concerns about yet another disruption to global food supply chains, Russia on Wednesday re-joined the Black Sea Grain deal. The reversal came a day after Russian President Vladimir Putin stated that Moscow would suspend, but not end, its involvement in the deal. “The Russian Federation believes that the guarantees it has received currently appear sufficient, and resumes the implementation of the agreement,” news agency Associated Press quoted the Russian Defence Ministry as saying. It added that the mediation of the United Nations and Turkey had secured the continued cooperation. (Read More)

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