Ukraine, Russia Negotiating New Terms to Grain Export Deal
Uncertainty over whether the Ukrainian Black Sea grain export deal (see 2208010048) will be extended has rattled agricultural markets, Bloomberg reported Oct. 21. The deal is set to expire in November, and officials are currently negotiating new terms and conditions.…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
Ukraine wants to extend the deal by more than a year and include Mykolayiv as a fourth exporting port, while Russian wants to reopen its pipeline that takes ammonia to Odesa in Ukraine for shipment, Bloomberg said. In the meantime, a "logjam" of vessels carrying Ukrainian crops is easing up, with an acceleration of inspections.