Russia pulls out of Black Sea grain deal

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Russia pulls out of Black Sea grain deal
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Moscow’s move puts at risk tens of millions of tonnes of food exports from Ukraine

email rounding up the latestRussia has formally withdrawn from a UN-brokered deal to export Ukrainian grain across the Black Sea, potentially imperilling tens of millions of tonnes of food exports from the war-torn country.

Dmitry Peskov, president Vladimir Putin’s spokesman, told reporters on Monday that the agreement had “essentially stopped” and Russia would no longer co-operate with the deal.has complained since the UN and Turkey initially brokered the deal a year ago that western sanctions were holding up a parallel agreement to allow payments, insurance, and shipping for Moscow’s own agricultural exports.

Moscow informed other stakeholders on Monday morning that it would withdraw from the deal, a western diplomat told the FT.since August, more than half to developing countries, according to the co-ordination committee set up to monitor its implementation.

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