Main content
Russia axes Ukraine grain deal
Russia has notified the UN, Turkey and Ukraine that it will not renew a crucial grain deal that allowed Ukraine to export grain through the Black Sea.
The deal to allow Ukrainian grain to be safely exported seems to be at an end. Russia says it is halting its involvement in the agreement brokered by the United Nations last summer. Without a deal, global food supplies are likely to be severely disrupted - Russia and Ukraine are major players in the wheat, barley, sunflower seed and sunflower oil markets.
(Picture: Field of wheat Picture credit: ELVIS - 麻豆社 picture library)
Last on
Mon 17 Jul 2023
14:32GMT
麻豆社 World Service
Broadcast
- Mon 17 Jul 2023 14:32GMT麻豆社 World Service
Podcast
-
World Business Report
The latest business and finance news from around the world, on the 麻豆社