Current Affairs » Black Sea Grain Initiative

Black Sea Grain Initiative

Russia, Ukraine, Turkey, and the United Nations

Why in the News?

Recently, Russia pulled out of the Black Sea Grain initiative due to a drone attack on its naval ships in the port of Sevastopol.

 

Key Points

About

Black Sea Grain Initiative

  • Key Partners: Russia, Ukraine, Turkey, and the United Nations
  • Objective: To provide a safe maritime humanitarian corridor for Ukrainian exports (particularly for food grains) to limit food price inflation.