Context: The Group of Seven (G7) on Sunday called for the “extension, full implementation and expansion” of a Black Sea grain deal that has been essential to export Ukrainian produce through the Black Sea.
About the Black Sea grain deal:
- It is an agreement between Russia and Ukraine made with Turkey and the United Nations (UN) during the 2022 Russian invasion of Ukraine.
- The Initiative is aimed at the Safe Transportation of Grain and Foodstuffs from Ukrainian ports, also called Black Sea Grain Initiative.
- It was signed with the support of Turkey ( which controls the maritime routes from the black sea) and the UN.
Why the Black Sea grain deal was signed?
- The Russian invasion of Ukraine in February led to a complete halt of maritime grain shipments from Ukraine, previously a major exporter via the Black Sea.
- This resulted in a rise in world food prices and the threat of famine in lower-income countries.
- To address the issue the Black Sea grain deal was signed.
- Initially, this deal was signed only for 120 days
