Russia and Ukraine are two of the world's largest grain exporters claiming about 30% of the pie. An attack on Ukraine meant that it couldn't safely export essential items like wheat, maize and barley to even its closest neighbors in Africa and the Middle East. The deal lets Ukraine gather all its exports at three major ports and offers a safe route or corridor devoid of underwater mines so that its ships can reach and pass through Turkey.
In today’s episode for 22nd March 2023, we break down the Black Sea Grain Initiative and see what it has done to cushion the global food crisis.