The Russian-Ukrainian transport agreement was not concluded

Supply Chain Management
Regulation & Compliances
Published Apr 18, 2024

Tridge summary

Negotiations involving Russia, Ukraine, and Turkey, aimed at securing a Black Sea grain delivery agreement, nearly reached a successful conclusion last month, facilitated by Turkey under UN guidance. The deal sought to ensure safe commercial shipping in the Black Sea amid the ongoing conflict. Although an agreement was initially reached and an announcement was expected from Turkish President Erdogan on March 30, Ukraine unexpectedly withdrew, leaving the reasons undisclosed. These talks were crucial for maintaining the safety of navigation and commercial shipping in a region vital for the global supply of grain, fertilizer, and oil, especially in the wake of disruptions caused by Russia's invasion of Ukraine in 2022.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Both Russia and Ukraine agreed with Turkey, according to the sources, but Ukraine pulled out of the deal at the last minute. According to some sources, the Russian-Ukrainian Black Sea grain delivery agreement was almost reached last month. The deal would have given security to commercial transport, Turkish President Recep Tayyip Erdogan would have announced the agreement on March 30. Russia and Ukraine negotiated with Turkey for two months to ensure the safety of navigation in the Black Sea. They agreed on a text that Ankara was supposed to announce, but Kiev suddenly pulled out. Four people familiar with the case, speaking on condition of anonymity, told the Reuters news agency. Due to the sensitivity of the discussions, the talks were mediated by Turkey after the UN recommended the talks. In March, an agreement was reached "for the security of commercial shipping in the Black Sea", and although Ukraine did not want to officially sign, Kiev agreed to an announcement by Turkish ...
Source: AgroForum
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.