The Black Sea Grain Initiative was extended on March 18, the day it was due to expire. Since the signing of the Initiative in July 2022, some 25 million metric tons of grains and foodstuffs have been moved to 45 countries, and the initiative has been credited with helping to calm global food prices.
Russia said it would again uphold the agreement to guarantee the safe passage of the ships carrying grain from Ukraine. In a previous move, it had paused its participation in the deal for a few days.
Russia announced it would halt taking part in the Black Sea Grain initiative, a humanitarian agreement that supported the export of over 9 million tons.