Federal Character
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
Federal Character
No Result
View All Result
Home News

Ukraine grain export deal resumes days after Russia withdraws.

Somto NwanoluebySomto Nwanolue
November 3, 2022
in News
0
Ukraine grain export deal resumes days after Russia withdraws.
Share on FacebookShare on TwitterShare on Whatsapp

Russia has announced that it will continue its involvement in a pact that opens the door for grain exports from Ukraine, reversing a move that international leaders had previously warned would worsen famine around the world.

The reversal was revealed by Russia, whose soldiers invaded Ukraine on February 24, after Turkey and the UN assisted to maintain the supply of Ukrainian food for many days without the involvement of Russian inspectors.

The restart was justified by the defense ministry as a result of assurances from Ukraine that it wouldn’t conduct military operations against Russia through the Black Sea grain corridor.

The statement from the ministry read, “The Russian Federation deems that the guarantees acquired at this time look sufficient, and restarts the implementation of the agreement.”

Volodymyr Zelensky, the president of Ukraine, emphasized the need to resist a “crazy Russian assault that destabilizes international trade.”

By removing a de facto Russian blockade on Ukraine, one of the greatest grain exporters in the world, the grain agreement, originally struck three months ago, had helped ease a worldwide food crisis. Fears of a deepening food crisis and increased prices were rekindled by the possibility of it collapsing this week.

Following Russia’s declaration, the cost of wheat, soybeans, corn, and rapeseed dropped significantly on international markets.

Moscow’s decision, according to Andrey Sizov, chairman of the agriculture consultant Sovecon with a focus on Russia, was “quite an unexpected turnaround,” but the arrangement was still in jeopardy because it was unclear whether it would be extended until its expiration date of November 19.

According to a European source briefed on the grain negotiations, Russian President Vladimir Putin was likely to exploit the need for a delay as leverage to win control of the G20 summit taking place in Indonesia from November 13–16.

Zelensky gave Turkey and the UN credit for allowing ships to keep carrying out cargo from Ukrainian ports after Russia ceased involvement on Saturday.

Turkish President Tayyip Erdogan claimed that he and Zelenskiy discussed delivering food to African nations in an interview with the Turkish channel ATV. Putin had previously suggested distributing grain to the most in-need nations first, like Djibouti, Somalia, and Sudan.

The July 22 grain agreement aims to increase the supply of wheat, sunflower oil, and fertilizer on the global market to prevent starvation in developing nations.

Following an attack on its navy, Russia withdrew from the agreement, claiming that it could not guarantee the safety of civilian ships traveling through the Black Sea. Threats to the world’s food supply were referred to as “blackmail” by Ukraine and Western nations.

Tags: daysdeal resumesgrain exportRussia withdraws.ukraine
Somto Nwanolue

Somto Nwanolue

Somto Nwanolue is a news writer with a keen eye for spotting trending news and crafting engaging stories. Her interests includes beauty, lifestyle and fashion. Her life’s passion is to bring information to the right audience in written medium

Related Posts

Maldives Bans Cigarette Sales to Younger Generations in Landmark Law
News

Maldives Bans Cigarette Sales to Younger Generations in Landmark Law

November 3, 2025
Health Insurance Premiums Set to Spike, Impacting Millions of Americans
News

Health Insurance Premiums Set to Spike, Impacting Millions of Americans

November 1, 2025
Two More Charged in Connection with €88 Million Louvre Jewellery Heist
News

Two More Charged in Connection with €88 Million Louvre Jewellery Heist

November 1, 2025
Next Post
Buhari’s stance on BVAS won’t change; presidency

Buhari's stance on BVAS won't change; presidency

2023: The court approves a lawsuit aiming to nullify the nomination of all APC candidates.

2023: The court approves a lawsuit aiming to nullify the nomination of all APC candidates.

Nigerian-born U.S Army Officer is Advanced to Brig. General of the Force

Nigerian-born U.S Army Officer is Advanced to Brig. General of the Force

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

FG Announces Commencement Of Crude Oil Sales To Dangote Refinery

FG Announces Commencement Of Crude Oil Sales To Dangote Refinery

1 year ago
Keystone Bank, Trains girls and Women on Menstrual Hygiene In Anambra.

Peter Obi: A Paragon of Cerebralism with a Farrago of Half-Truths

3 years ago
Jigawa State Judges Commence Yearly Vacation

Jigawa State Judges Commence Yearly Vacation

2 years ago
Naira Recovers by N25 in Black Market Amid Moderation in Dollar Demand

Dollar, Euro and Pounds To Naira Exchange Rate For Today, December 18 2024

11 months ago

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

Topics

2023 Aboki/Bureau De Change (BDC) apc Arsenal buhari Business cbn chelsea china court Davido Dollar Efcc Election Entertainment Euro and Pounds To Naira Exchange Rate For Today exchange rates for the Nigerian Naira (NGN) Fashion federal character federal government Finance food Football Foreign News government health inec Israel lagos Manchester United Naira Naira Black Market exchange rates News Nigeria pdp police Politics president protest Russia Sports tinubu trump ukraine US
No Result
View All Result

Highlights

Trump Threatens to Withhold Federal Funds from NYC if “Communist” Mamdani is Elected Mayor

Russia Touts Pokrovsk Advance — Ukraine Says “Not So Fast”

Portable Speaks Out Amid Threats of Foreign Intervention Over Christian Killings in Nigeria

Baltimore Youth Fund Silently Sent Taxpayer Money To Mayor’s Office

Aso Rock Mocks Critics: ‘Tinubu Not Running to Washington’

Valencia Leader Resigns Over Handling of Deadly Floods

Trending

Why Is NOA Selling a Movie Instead of Addressing Trump Invasion Talks?
Government

Why Is NOA Selling a Movie Instead of Addressing Trump Invasion Talks?

byEriki Joan Ugunushe
November 3, 2025
0

In a moment when tension is rising online about alleged Trump invasion talks and people want clarity...

FBI Charges Two Michigan Men in Alleged ISIS-Inspired Halloween Attack Plot

FBI Charges Two Michigan Men in Alleged ISIS-Inspired Halloween Attack Plot

November 3, 2025
Maldives Bans Cigarette Sales to Younger Generations in Landmark Law

Maldives Bans Cigarette Sales to Younger Generations in Landmark Law

November 3, 2025
Trump Threatens to Withhold Federal Funds from NYC if "Communist" Mamdani is Elected Mayor

Trump Threatens to Withhold Federal Funds from NYC if “Communist” Mamdani is Elected Mayor

November 3, 2025
Russia Touts Pokrovsk Advance — Ukraine Says “Not So Fast”

Russia Touts Pokrovsk Advance — Ukraine Says “Not So Fast”

November 3, 2025

We launched Federal Character in February 2021 based on the belief that the world is in need of smarter and more efficient reporting of events shaping our rapidly changing world. We pledged to put our audience first, always.

Recent News

  • Why Is NOA Selling a Movie Instead of Addressing Trump Invasion Talks?
  • FBI Charges Two Michigan Men in Alleged ISIS-Inspired Halloween Attack Plot
  • Maldives Bans Cigarette Sales to Younger Generations in Landmark Law

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

© 2024 FederalCharacter.com

No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion

© 2024 Federalcharacter.com