Turkish President Erdogan and Russian President Putin recently came together for a crucial meeting in Sochi. One of the key points discussed during their talks was the possibility of reviving the Black Sea grain deal between Ukraine and Russia.
This groundbreaking deal, initially brokered by the United Nations and Turkey, aimed to facilitate the export of Ukrainian grain to global markets. However, Russia withdrew from the agreement back in July, citing various obstacles hindering its own food and fertilizer exports.
Now, Erdogan and the UN are working tirelessly to persuade Putin to consider rejoining the deal. Putin expressed his willingness to revive the agreement once all restrictions on Russian agricultural exports are lifted. The West, on the other hand, is facing accusations of blocking Russian exports, particularly in grain and fertilizers.
This deal holds immense significance, particularly in light of the global food crisis that has been further intensified by Russia’s invasion of Ukraine in 2022. Both Russia and Ukraine are major agricultural producers in various markets, making their cooperation crucial for alleviating the pressing food crisis.
While Russian food and fertilizer exports are not subject to Western sanctions, logistical and financial obstacles continue to impede the smooth execution of the grain deal. Furthermore, Russia accuses the West of deceiving them regarding the terms of the agreement.
The talks in Sochi were particularly significant as they marked the first face-to-face meeting between Erdogan and Putin since 2022. The outcome of these discussions holds great potential in determining the future of the Black Sea grain deal and, consequently, the global food crisis.
With hopes running high, the international community eagerly awaits further updates on the progress made in convincing Russia to rejoin the agreement. A successful revival of the deal could provide some much-needed relief to the ongoing food crisis while promoting cooperation and stability in the region.
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