The article discusses the recent Black Sea ceasefire agreement between Ukraine, Russia, and the US. While the White House celebrates this development as a success for Ukrainian exports, experts say it favors Russia more than Ukraine.
The current deal allows Ukraine to continue exporting non-food related products like iron ore, which has kept its battered metallurgy industry afloat. However, the agreement doesn’t provide any significant benefits for Ukraine’s agricultural sector, which was heavily impacted by Russian strikes on Danube River ports last year.
Experts point out that the new deal doesn’t address key issues like Russia’s control over Ukrainian exports and the need for inspections of vessels in the Bosphorus, which previously caused long delays and costs to Ukrainian farmers. By not mentioning these points, the agreement seems to be more focused on maintaining a local solution aimed at saving Ukrainian exports rather than addressing broader geopolitical concerns.
The article highlights the importance of considering Ukraine’s allies at the negotiating table when discussing deals like this one. It also mentions that since embarking on its own maritime corridor, Ukraine has been able to export non-food related products and has seen an increase in metal and mining product exports, which has kept its metallurgy industry afloat.
Key points from the article:
* The new Black Sea ceasefire agreement favors Russia more than Ukraine.
* The deal allows Ukraine to continue exporting non-food related products like iron ore.
* The agreement doesn’t provide any significant benefits for Ukraine’s agricultural sector.
* Experts point out that the new deal doesn’t address key issues like Russia’s control over Ukrainian exports and inspections of vessels in the Bosphorus.
* Since embarking on its own maritime corridor, Ukraine has been able to export non-food related products and has seen an increase in metal and mining product exports.