Lift the sanctions on Russia, and we’ll allow for Ukraine to export its food: that was the message that Russia’s Deputy Foreign Minister Andrey Rudenko passed on to its European counterparts recently. Moscow has been responsible for blocking Ukrainian transport ships carrying grain from passage through the Black Sea. Around 24 million metric tons of wheat and maize are currently unable to leave the country as prices are exploding. Wheat prices have jumped, now double compared to last year, while maize prices have gone up by 82 percent.
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