US to Aid Russia's Global Agricultural Exports After Peace Talks
US to Aid Russia's Global Agricultural Exports After Peace Talks

US to Aid Russia's Global Agricultural Exports After Peace Talks

News summary

The White House announced its intention to assist Russia in restoring access to global markets for agricultural and fertilizer exports, following recent bilateral talks in Saudi Arabia. The U.S. will work to lower maritime insurance costs and enhance access to ports and payment systems for these transactions. Both the U.S. and Russia agreed on measures to ensure safe navigation in the Black Sea and to prevent the use of commercial vessels for military purposes. Furthermore, they committed to banning strikes on energy infrastructure in both Russia and Ukraine. The U.S. emphasized its role in facilitating negotiations between Russia and Ukraine to achieve a stable and lasting peace. This initiative comes amid ongoing discussions aimed at addressing the impacts of sanctions imposed after Russia's invasion of Ukraine.

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