The Black Sea wheat trade: Navigating political turmoil and supply shortages
Commodities Focus
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The Black Sea Grant Initiative and the Coyto Agreement - Do You See the Success So Far?
The Black Sea grant initiative and the corridor were set up basically to augment the supplies of food grains. So far, Oren has dominated the exports of about 46%. A lot of it has been exported as well, about 28% of the flows. But after that, I think because of the COYTO agreement, the supplies have been boosted by bilateral agreement between Russia and Ukraine.
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