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Russia halts Ukraine Black Sea grain exports

Business 12:48 30 Oct, 2022
Russia halts Ukraine Black Sea grain exports

Russia pulled out of a key United Nations-brokered grain deal, provoking international outrage and dealing a blow to attempts to ease a global food crisis triggered by Moscow's invasion of Ukraine, Qazet.az reports according to Reuters.

On Saturday Moscow said it was suspending participation in the Black Sea deal, which has sought to avert famine and tame inflation, in response to what it called a major Ukrainian drone attack on its fleet. In a conflict that began in February, Russia calls its actions in Ukraine "a special operation".

The suspension of July's Black Sea Grain Initiative will cut shipments from Ukraine, one of the world's biggest grain exporters, from its crucial Black Sea ports.

U.S. President Joe Biden called the move "purely outrageous", saying it would increase starvation, while his top diplomat accused Russia of weaponising food.