News Highlight
In a move that reduced concerns about yet another disruption to the global food supply chain, Russia last week re-joined the Black Sea grain deal.
Key Takeaway
- The reversal came a day after the Russian President stated that Moscow would suspend, but not end, its involvement in the deal.
The Black Sea Grain Initiative
- What?
- It is the Initiative for the Safe transportation of grain and foodstuffs from Ukrainian ports.
- Agreement
- It was agreed upon between Russia and Ukraine during the 2022 Russian invasion of Ukraine.
- Mediator
- The deal was brokered by the United States (UN) and Turkey.
- Importance of Ukraine
- Ukraine is among the largest exporters of wheat, maise, rapeseed, sunflower seeds and sunflower oil globally.
- The importance of the deal
- Ensure wheat, maise, rapeseed, and sunflower seeds are in the market.
- It helps to control food prices.
Black Sea
- About
- The Black Sea, also known as the Euxine Sea, is a marginal sea of the Atlantic Ocean.
- It is located between Eastern Europe and Western Asia.
- Border countries
- Romania
- Bulgaria
- Ukraine
- Russia
- Georgia
- Turkey
- Mountains
- It is surrounded by the Pontic, Caucasus, and Crimean Mountains in the south, east and north, respectively.
- Connecting water bodies
- The Black Sea ultimately drains into the Mediterranean Sea via the Turkish Straits and the Aegean Sea.
- The Bosporus Strait connects it to the small Sea of Marmara, which is connected to the Aegean Sea via the Strait of the Dardanelles.
- To the north, the Black Sea is connected to the Sea of Azov by the Kerch Strait.
Content Source: The Hindu