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Deal Set To Be Signed This Afternoon To Allow Black Sea Exports

WHEAT

Russia, Turkey, Ukraine, and the United Nations are set to sign an agreement at 1430BST (0930ET, 1530CET) today that facilitates the sage export of grain from Ukraine's Black Sea ports to the outside world. There remains a significant amount of trepidation regarding the potential longevity of the deal, which will see Ukrainian pilots guide cargo ships through mined waters, while joint Turkish-Russian inspections will take place at sea to check for weapons being transported into Ukraine.

  • Ukrainian Foreign Ministry spox Oleh Nikolenko state that the Zelenskyy gov't would “support only those decisions that will guarantee the security of the southern regions of Ukraine, the strong position of the Ukrainian Armed Forces in the Black Sea, and the safe export of Ukrainian agricultural products to world markets.”
  • Russian Foreign Minister Sergey Lavrov's comments yesterday about Russian actions potentially extending beyond the Donbas unlikely to quell fears about the deal being short-lived.
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Russia, Turkey, Ukraine, and the United Nations are set to sign an agreement at 1430BST (0930ET, 1530CET) today that facilitates the sage export of grain from Ukraine's Black Sea ports to the outside world. There remains a significant amount of trepidation regarding the potential longevity of the deal, which will see Ukrainian pilots guide cargo ships through mined waters, while joint Turkish-Russian inspections will take place at sea to check for weapons being transported into Ukraine.

  • Ukrainian Foreign Ministry spox Oleh Nikolenko state that the Zelenskyy gov't would “support only those decisions that will guarantee the security of the southern regions of Ukraine, the strong position of the Ukrainian Armed Forces in the Black Sea, and the safe export of Ukrainian agricultural products to world markets.”
  • Russian Foreign Minister Sergey Lavrov's comments yesterday about Russian actions potentially extending beyond the Donbas unlikely to quell fears about the deal being short-lived.