The deal with Russia to allow grain to flow from Ukraine to countries in Africa, the Middle East and Asia has been halted. The grain is vital in areas where hunger is a growing threat and high food prices have pushed more people into poverty. The deal expired yesterday and Kremlin spokesman Dmitry Peskov announced that Russia would suspend the Black Sea Grain Initiative until its demands to get its own agricultural shipments to the world are met. Russia has been shipping record amounts of wheat and its fertilisers also have been flowing but Putin’s government has complained that restrictions on shipping and insurance have hampered its exports of food and fertiliser — also critical to the global food chain. The United Nations and Turkey brokered the deal last summer to allow food to leave the Black Sea region after Russia invaded its neighbour nearly a year and a half ago. The deal provided assurances that ships wouldn’t be attacked entering and leaving Ukrainian ports.
Recent Post
- Scott St John Will Step Down From The Fonterra Board, Effective From March Next Year
- A Big Celebration For The Dairy Women’s Network In Waikato Today As The Organisation Turns 25
- Snack-Sized Apple Business Rockit Global Is Expanding Into The South Island To Build Its Growing Base
- Newly Minted Agriculture And Trade Minister Todd McClay Plans To Visit India In The Next Fortnight
- A $600 Million Solar Farm Planned For The Mackenzie Basin Will Power Up To 100,000 Homes

