• Home
  • News
  • Entertainment
  • Tech
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
Federal Character
No Result
View All Result
Federal Character
  • Home
  • News
  • Entertainment
  • Tech
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
No Result
View All Result
Federal Character
No Result
View All Result
Ukraine grain export deal resumes days after Russia withdraws.

Ukraine grain export deal resumes days after Russia withdraws.

Somto NwanoluebySomto Nwanolue
3 years ago
in News
Reading Time: 2 mins read
A A
0
Facebook ShareWhatsapp ShareX Share

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
Share234SendTweet146
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 Stories

DOJ Just Did Something Unexpected on Capitol Riot Convictions

DOJ Just Did Something Unexpected on Capitol Riot Convictions

bySomto Nwanolue
0

President Trump pardoned more than a thousand people for their roles in the January 6 Capitol riots. But for a dozen members of the Proud Boys and Oath...

Yamal Condemns Racist Chants as Spain Held by Egypt in Barcelona Friendly

Yamal Condemns Racist Chants as Spain Held by Egypt in Barcelona Friendly

byHashim Kolawole
0

Yamal strongly denounced the racist and Islamophobic chants that were heard during the Spain national football team's 0-0 draw with the Egypt national football team in a friendly...

Chelsea records a staggering £262.4m loss that eclipses previous revenue growth

Chelsea records a staggering £262.4m loss that eclipses previous revenue growth

byHashim Kolawole
0

The Blues have revealed a pre-tax loss for the year to June 30, 2025, of £262.4million a record-breaking figure in the history of the Premier League. The amount...

Falana vs. INEC: Why the 2027 Election "Frenzy" is a Crime

Falana vs. INEC: Why the 2027 Election “Frenzy” is a Crime

byEriki Joan Ugunushe
0

Femi Falana, SAN, has officially sounded the alarm on the total abandonment of governance in Nigeria. In a press statement issued on Wednesday, he lamented that while the...

Next Post
Buhari’s stance on BVAS won’t change; presidency

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

Leave a Reply Cancel reply

Your email address will not be published.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

We bring to you precise and factual news

Recent Posts

  • Is Airtime Borrowing Banned in Nigeria? The Truth Behind the MTN and Airtel Shutdown
  • Jet Fuel Crisis Looms as Nigerian Govt Scrambles to Avert Airline Collapse
  • Amaechi Declares 2027 Presidential Bid — And It’s Raising Eyebrows

Categories

  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Sports
  • Tech

Weekly Newsletter

  • About
  • Advertise With Us
  • Cookie Policy

Copyright © FederalCharacter.com 2026 .

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
  • Entertainment
  • Tech
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health

Copyright © FederalCharacter.com 2026 .