Ukraine, Russia sign grain export deal
Skip to content By Biodun Busari Warring European countries, Ukraine and Russia, have reached a compromise to sign a deal on Saturday for the safe export of Ukrainian grain in a bid to avert a looming food crisis. This will be the first major deal the two countries reached since the Russian invasion of Ukraine on Thursday, February 24. Reports have shown that Ukrainian and Russian delegations, as well as UN Secretary-General Antonio Guterres and Turkey’s President Recep Tayyip Erdogan, will meet in Istanbul, Turkey’s capital, tomorrow for the signing ceremony. Turkish President’s spokesman Ibrahim Kalin, Friday, described the deal as “critically important for global food security.” The deal will allow tens of millions of tons of grain stuck at Ukrainian ships and silos to be sold to world markets through a safe shipping corridor in the Black Sea. The Russian invasion has paused grain exports from Ukraine, one of the leading bread baskets of the world, stocking grain prices across the w