grain agreement
The fate of the “Grain Agreement” may depend on the elections in Turkey
The Black Sea Grain Initiative is currently not working due to the blockade of inspections by the Russians. Elections in Turkey may also affect the further development of events.
Continuation of the Grain Agreement will not “save” the increase of freight prices
The blocking of vessel inspections in the Bosphorus provokes an increase in the price of transportation of Ukrainian agricultural products.
The “Grain Agreement” was not extended
Negotiations on the continuation of the “Grain Initiative” will continue.
The US State Department called for the continuation of the Grain Agreement
The US State Department emphasized the need to continue the Black Sea Grain Initiative.
The “Grain Agreement” can be extended for at least two months – the Ministry of Foreign Affairs of Turkey
The agreement on the operation of the “grain corridor” in the Black Sea can be extended for at least another two months.
Blockade of the Grain Agreement: the port of Constanta will help Ukraine with exports
The port of Constanţa in Romania will be able to handle more than 20 million tons of grain if the “grain corridor” is closed.
The UN is negotiating in Moscow to extend the Grain Agreement
Secretary General of the UN Conference on Trade and Development Rebecca Greenspan is negotiating with high-ranking officials in Moscow regarding the extension of the grain agreement.
Losses from the termination of the Grain Agreement may reach $800 million per month
The National Bank of Ukraine estimated and calculated the decrease in foreign exchange earnings in the event of the closure of the “grain corridor”. Foreign exchange receipts may decrease from 270 to 800 million dollars per month.
Turkey does not exclude the termination of the “Grain Agreement” after May 18
The press secretary of the President of Turkey said that the work of the Black Sea Initiative may stop on May 18.
The UN offers the Turkish bank to become a mediator in the “grain agreement”
The UN offered one of the Turkish banks to become an intermediary for the settlement of the “grain agreement”.
