Russia's economy gets boost from wartime grain shipment...
Agreements to unblock Ukrainian grain stuck at Black Sea ports for nearly six months of war also gave a boost to Russia's food and fertilizer
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Agreements to unblock Ukrainian grain stuck at Black Sea ports for nearly six months of war also gave a boost to Russia's food and fertilizer
The West has sought to avoid direct sanctions on grains that feed people around the world.
With much fanfare, ship after ship loaded with grain has sailed from Ukraine after being stuck in the country's Black Sea ports for nearly six months. More quietly, a parallel wartime deal met Moscow's demands to clear the way for its wheat to get to the world, too, boosting an industry vital to Russia's economy that had been ensnared in wider sanctions.
With much fanfare, ship after ship loaded with grain has sailed from Ukraine after being stuck in the country’s Black Sea ports for nearly six months. More quietly, a parallel wartime deal met Moscow’s demands to clear the way for its wheat to get to the world, too, boosting an industry vital to Russia’s economy…
The United Nations and Turkey brokered two deals last month: one protects ships carrying Ukrainian grain through the Black Sea and the other keeps Russia's food and fertilizer from being sanctioned.