

Facilitated by the United Nations and Turkey, the agreement enabled the smooth transit of ships carrying essential grain from Ukrainian ports. The failure of a crucial deal to export grain from Ukraine through the Black Sea has sent shockwaves through the international community, raising concerns about an impending global food crisis. Russia cited non-compliance with the terms of a parallel deal aimed at aiding the movement of its grain and fertilizers as the reason for its decision, even though Ukrainian exports were still being permitted during the same period. The supplies transported under this accord played a crucial role in addressing a global food crisis and curbing widespread inflation that had surged after Russia initiated a full-scale invasion of Ukraine in February 2022. This agreement was particularly significant as it continued despite the ongoing conflict between Russia and Ukraine, both being major grain producers on the global stage. On July 17, Moscow made a late announcement stating that it would halt its involvement in an agreement that facilitated the secure transportation of over 33 million metric tons of grain from Ukrainian ports. Cover Image Attribute: DADO RUVIC | Source: REUTERS
