Kiev Stands to Lose $500 Mln a Month if Grain Deal Terminated, Analysis Shows

Jul 16th 2023 10:09am EDT

The Black Sea Grain Initiative is in limbo, with Russia threatening not to renew it on Monday if Moscow’s long-standing demands for eased Western restrictions on Russian agricultural and fertilizer exports are not met. The US, the EU, Turkiye and the UN have each urged Russia to renew the agreement.

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