The Turkish-mediated grain deal will expire next week and its extension depends on the agreement of both Ukraine and Russia. What are the obstacles to renewing the deal?
The landmark Ukraine-Russia grain deal is set to expire this week. If both sides fail to renew it, food prices worldwide are likely to go up in light of the shortage of wheat and fertiliser supplies. Istanbul-based Joint Coordination Center
“In general, the Black Sea Grain Initiative has been the only major diplomatic agreement that has involved both Russia and Ukraine since the start of the war and it has proven to be very resilient despite many challenges and obstacles, in large part due to the mediation of Türkiye and the UN,” Chausovsky tellsBut Gregory Simons, an associate professor at the Institute for Russian and Eurasian Studies at Uppsala University, has another opinion.
The two Orthodox Slavic nations are also among the top five grain-exporting nations. However, in the initial months of the conflict, the two countries could not sell their wheat and other agricultural products in global markets as they had done before the war. To agree to renew the deal, Russia may seek assurances that Ukraine should deliver more supplies to Africa instead of sending most of them to European markets, Simons said.
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