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First grain ship left from Ukraine after deal with Russia

Russia

First grain ship left from Ukraine after deal with Russia

  • A historic agreement with Russia has seen the first ship carrying grain leave a Ukrainian port.
  • Agreement is expected to ease the world food crisis and bring down grain prices.
  • The ship was carrying about 26,000 tones of corn and was sailing under the flag of Sierra Leone.

A historic agreement with Russia has seen the first ship carrying grain leave a Ukrainian port. The ship reportedly departed the southern port of Odesa early on Monday morning local time, according to Turkish and Ukrainian officials.

Despite a pact reached by the two parties to begin exports, Russia has been blocking Ukrainian ports since February.

The agreement is expected to ease the world food crisis and bring down grain prices.

In a statement released before to the ship’s departure, Turkey stated that the ship, which was sailing under the flag of Sierra Leone, would land in Lebanon and that additional shipments were scheduled for the upcoming weeks.

The ship was carrying about 26,000 tones of corn, according to the Joint Coordination Centre (JCC), which was established in Istanbul as part of the agreement. It was scheduled to arrive in Turkish seas for inspection on Tuesday.

Alexander Kubrakov, Ukraine’s minister of infrastructure, posted on Facebook that “Today Ukraine, together with partners, takes another step to prevent world hunger,”

“Unlocking ports will provide at least $1 billion in foreign exchange revenue to the economy and an opportunity for the agricultural sector to plan for next year.”

In the upcoming weeks, 16 additional ships will be waiting to sail from Odesa Region ports, Mr. Kubrakov noted.

The agreement struck last month, which was mediated by the UN and Turkey, took two months to negotiate and is expected to last 120 days. If both parties concur, it may be renewed.

A global food crisis has resulted from the embargo of Ukraine’s grain, with the price of wheat-based goods like bread and pasta rising along with the cost of cooking oils and fertilizer.

In accordance with the provisions of the agreement, Russia has pledged not to attack ports while shipments are in transit, and Ukraine has committed to using its navy boats to direct cargo ships through mined waterways.

To alleviate Russian concerns about weapons smuggling, Turkey will inspect ships with UN backing.

Odesa, Chornomorsk, and Pivdenny ports in southern Ukraine are anticipated to be the main hubs for exports.

But less than a day after it was revealed that Russia had fired two missiles towards the port of Odessa, the agreement was upended.

Volodymyr Zelensky, the president of Ukraine, claimed that the strike demonstrated that Moscow could not be relied upon to uphold the agreement.

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