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Reuters
Reuters
Business
By Daphne Psaledakis and Michelle Nichols

As Ukraine grain deal emerges, U.S. aims to ease concerns over Russia sanctions

Farmers harvest wheat, amid Russia's attack on Ukraine, in the Donbas region, Ukraine July 13, 2022. REUTERS/Gleb Garanich

The United States on Thursday sought to facilitate Russian food and fertilizer exports by reassuring banks, shipping and insurance companies that such transactions would not breach Washington's sanctions on Moscow over its invasion of Ukraine.

Enabling those Russian exports is a key part of attempts by the United Nations and Turkish officials to broker a package deal with Moscow that would also allow for shipments of Ukraine grain from the Black Sea port of Odesa, which have been blockaded by the war.

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