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Russia pulls out of Ukraine grain deal
1 year ago
98
Russia said Monday it was suspending its participation in a crucial deal that allowed the export of Ukrainian grain, once again raising fears over global food supplies and security. The Black Sea Grain Initiative is suspended until Moscow's demands for food and fertilizer are met, Kremlin spokesman Dmitry Peskov said, according to The Associated Press. Russia has complained about the restrictions placed on its shipments and insurance that have made agricultural exports more difficult, but it has still managed to ship record amounts of wheat. The agreement, brokered by Turkey and the United Nations in July 2022, was officially set to expire at 5 p.m. ET on Monday.
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