The International Chamber of Commerce (ICC), will lower the costs of its arbitration court for foreign investors involved in Ukraine's reconstruction projects to encourage much-needed investment.
Ukraine requires naval vessels for tasks such as the protection of Black Sea shipping routes.
Ukraine and Russia negotiated for two months on a deal to ensure the safety of merchant shipping in the Black Sea and reached agreement on a text in March, but Kyiv pulled out of the talks "at the last minute," Reuters reported on April 16, citing four unnamed people familiar with the matter.
President Volodymyr Zelensky will meet his Turkish counterpart Recep Tayyip Erdogan on March 8 in Turkey, the Turkish Presidency said on X. The two leaders will discuss Russia’s war, the Black Sea grain deal, and bilateral relations, according to the announcement.
On July 17, 2023, Russia pulled out of the Black Sea Grain Initiative. The initiative was originally brokered in August 2022 by Turkey between Russia and Ukraine. It had been successful in facilitating the export of 32.5 million tonnes of grain out of Ukrainian ports, leaving in over 1,
Episode #17 of our weekly video podcast “This Week in Ukraine” is dedicated to the Black Sea grain deal, how Russia weaponized it, and ultimately killed it.
Negotiations over a European import ban on Ukrainian grain between the European Commission and its eastern flank members were stalled as of April 23. Poland, Slovakia, Hungary, Romania, and Bulgaria asked to extend protection measures after the EU's one-year decision to abolish customs duties, while they claim Ukrainian grain glut
On Nov. 2, Russia announced it would continue its participation in the deal that allows grain shipments from Ukraine via the Black Sea, ending several days of turmoil when the vital deal was hanging by a thread. The grain exports crisis started with Russia’s full-scale invasion of Ukraine, which
