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Russia-Ukraine deal to save the world from starvation, food will reach the people, inflation will be affected

Russia Ukraine Deal: Ukraine and Russia have signed ‘Mirror Deals’. This agreement will allow Kyiv to resume the export of grain through the Black Sea. The agreement will allow millions of tonnes of grain to be exported, which is currently stuck in Ukraine due to the war. The world shortage of Ukrainian grain since Russia’s February 24 attack has put millions of people at risk of hunger.

However, Kyiv refused to sign the deal directly with Moscow, and warned that the “provocation” would be met with an “immediate military response”.

Both sides met in Turkey
Both sides attended the signing ceremony in Istanbul, Turkey but did not sit at the same table. Russia’s Defense Minister Sergei Shoigu first signed the Moscow agreement, followed by Ukraine’s infrastructure minister, Oleksandr Kubrakov, to the Kyiv agreement. did.

The deal (which took two months to reach) is set to last for 120 days. A coordination and monitoring center will be set up in Istanbul, which will have United Nations (UN), Turkish, Russian and Ukrainian officials. It can be renewed if both the parties agree.

Ukraine’s grain blockade has caused a global food crisis, making wheat-based products like bread and pasta more expensive, and cooking oils and fertilizers. The price of fertilizer is also increasing. Ukraine is generally the world’s fourth largest grain exporter. It generally produces 42% of the world’s sunflower oil, 16% of corn and 9% of wheat.

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