Ukraine's New Grain-Export Corridor Pumping

Ukrainian grain exports over the past couple of months have soared to levels not seen since before Russia’s invasion in February 2022, thanks primarily to the unmitigated success of its new protected maritime export corridor, which was established following Russia’s withdrawal from the UN-brokered Black Sea Grain Initiative. Kyiv launched what it called a humanitarian shipping corridor in August last year to link Ukraine’s Black Sea ports with its global customer base, several weeks after Moscow refused to agree to a new accord to allow Ukrainian agricultural exports through the contested Black Sea. Russia threatened to treat all vessels moving to and from Ukraine’s Black Sea ports as potential military targets.

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