Ukraine, Russia nearly reached Black Sea shipping deal

Capt. John

THE Ukraine and Russia negotiated for two months on a deal to ensure the safety of merchant shipping in the Black Sea and reached agreement on a deal but Kiev pulled out of the talks at the last minute, Reuters reported. In July 2023, Russia pulled out of the earlier Black Sea Grain Initiative, collapsing the deal brokered by Turkey and the UN that mitigated a surge in food prices by allowing the Ukraine to export its Black Sea despite Russia’s control the sea route. Immediately after the...

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