Russia, Ukraine Sign Deal to Unblock Grain Exports
Published Date: 7/22/2022
Source: Bloomberg Quicktake: Now
Russia and Ukraine reached a deal aimed at releasing millions of tons of grain through Ukraine’s Black Sea ports that, if implemented, would mark a vital step toward shoring up global food supplies. Government officials from Kyiv and Moscow signed agreements with Turkey and the United Nations at a meeting in Istanbul. Grain ship traffic should begin in the coming days, said Turkish President Recep Tayyip Erdogan. The accord involves shipments from three Ukrainian ports: Odesa, Chornomorsk and Pivdennyi, according to United Nations Secretary-General Antonio Guterres. The deal could help revive agricultural trade from one of the world’s biggest wheat, corn and vegetable-oil exporters. Grain supplies have been strained and prices surged to record levels in recent months amid warnings about a global food crisis in the wake of Russia’s invasion. https://www.bloomberg.com/news/articles/2022-07-22/ukraine-and-russia-reach-deal-to-unblock-grain-stranded-by-war Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm Subscribe to our newest channel Quicktake Explained: https://bit.ly/3iERrup Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. To watch complete coverage on Bloomberg Quicktake 24/7, visit http://www.bloomberg.com/qt/live, or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app. Have a story to tell? Fill out this survey for a chance to have it featured on Bloomberg Quicktake: https://cor.us/surveys/27AF30 Connect with us on… YouTube: https://www.youtube.com/user/Bloomberg Breaking News on YouTube: https://www.youtube.com/c/BloombergQuickTakeNews Twitter: https://twitter.com/quicktake Facebook: https://www.facebook.com/quicktake Instagram: https://www.instagram.com/quicktake