Russia said there would be no extension of the UN-brokered Black Sea grain deal beyond May 18 unless the West removed a series of obstacles to the export of Russian grain and fertilizer.
To help persuade Russia to allow Ukraine to resume its Black Sea grain exports last year, a separate three-year agreement was also struck in July in which the United Nations agreed to help Russia with its food and fertilizer exports.
Vessels await inspection under the Black Sea Grain Initiative, brokered by the United Nations and Turkey, in the southern anchorage of the Bosphorus in Istanbul, Turkey Dec 11, 2022. REUTERS/Yoruk Isik/File photo But he noted that “there’s been some concrete results that contribute to larger grain trade volumes, lower freight rates and an increased number of ships that have called at Russian ports for fertilizer and lowering in insurance.”Russian demands
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