Tag: fertilizer

Russia Terminates Black Sea Grain Deal

On multiple occasions, Russia threatened to quit the initiative because its demands to lift sanctions on Russia’s logistical and financial sectors, which hamstrung its own grain and fertilizer exports, had not been met.

No Extension in Sight for Black Sea Grain Deal

A key consideration—and main reason for the hold-up—is Russia’s demand that restrictions on its exports of agricultural products be lifted; in the pursuit of that goal, Russia is using its participation as a bargaining chip.