Moscow Makes U-turn on Ukraine’s Grain Exports

World Business; Russia on Wednesday, November 2, 2022, made a U-turn deal to allow Ukrainian grain exports to pass through the Black Sea.

Photo/Courtesy (Moscow makes a U-turn on Ukraine’s grain exports).

Notably, the new agreement to ease fears of global food insecurity as the United States said in a statement that it was “increasingly concerned” that Russia could be using nuclear weapons to strengthen its strategic war in Ukraine.

On the other hand, Russia had significantly said on Saturday that it was temporarily withdrawing from the grain deal, accusing Ukraine of using a safe shipping corridor.

Noting the process, Moscow’s defense ministry said that it had received sufficient arguments from Kyiv that it will not use the maritime corridor to carry out attacks.

Meanwhile, the United Nations Secretary-General Antonio Guterres welcomes Russia’s outlined perspective to resume participation in the agreement.

Signifying the move, Ukraine’s President Volodymyr Zelensky said on social media platform (Twitter) that he significantly appreciated Turkish President Recep Tayyip Erdogan for his role in generating prosperity in the grain deal.

Furthermore, Russia’s President said that its territory may kick aside the deal again if Ukraine violates its guarantees.

Additionally, The Russian territory had magnificently warned that the route was dangerous for any shipments without its participation in the agreement but some deliveries from Ukraine continued with the shipments on Monday and Tuesday.

Welcoming the agreement, the US State Department spokesman Ned Price called on Wednesday for the deal to be looked upon, saying that it will simply reduce food prices in the world markets at large.

The Russia-Ukraine deal which was overseen by the Joint Coordination Centre in Istanbul-Turkey has allowed more than 9.7 million metric tonnes of grain and other foodstuffs to leave Ukrainian ports.

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