Ukraine and Russia to resume grain and fertilizer exports

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Russia and Ukraine signed separate agreements today with Turkey and the United Nations clearing the way for 22 million of tons of desperately needed Ukrainian grain exports — as well as Russian grain and fertilizer — ending a wartime standoff that had threatened food security around the globe. The plan, known as the “Black Sea Initiative,” would open a path for significant volumes of commercial food exports from three key Ukrainian ports in the Black Sea: Odessa, Chernomorsk and Yuzhny.  The deal makes provisions for the safe passage of ships. A control center will be established in Istanbul, staffed by U.N., Turkish, Russian and Ukrainian officials, to run and coordinate the process. Ships would undergo inspections to ensure they are not carrying weapons.

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