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UN BLACK SEA INITIATIVE: One year of the Black Sea Initiative: Key facts and figures – UN

UN BLACK SEA INITIATIVE: One year of the Black Sea Initiative: Key facts and figures – UN
Syndicated By: GEÓ PRWire – Gibraltar

11th July 2023

For almost a year, the UN-brokered Black Sea Initiative agreed by Russia, Türkiye, and Ukraine has allowed millions of tonnes of grain and other foodstuffs to leave Ukraine’s ports, playing an “indispensable role” in global food security, according to UN Secretary-General António Guterres.

Here are the main facts and figures you need to know:

What has the Black Sea Grain Initiative achieved since being signed in July 2022? 

Nearly one year into the agreement, more than 32 million tonnes of food commodities have been exported from three Ukrainian Black Sea ports to 45 countries across three continents.
The partial resumption of Ukrainian sea exports enabled by the Initiative has unblocked vital food commodities and has helped reverse spiking global food prices, which reached record highs shortly before the agreement was signed.
The UN Food and Agriculture Organization (FAO) Food Price Index recorded a steady monthly decline over the past year, dropping more than 23 per cent from its peak in March 2022.
The Initiative has allowed the World Food Programme (WFP) to transport more than 725,000 tonnes of wheat to help people in need in Afghanistan, Ethiopia, Kenya, Somalia, Sudan, and Yemen. Ukraine supplied more than half of WFP’s wheat grain in 2022, as was the case in 2021. Learn More/…
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