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Turkey and Russia to Discuss New Mechanism for Ukraine's Grain Exports

Turkish-flagged bulker TQ Samsun transits Istanbul's Bosphorus

Turkey and Russia are set to discuss the implementation of a 'new mechanism' that would facilitate Ukraine's Black Sea grain exports, according to a statement by the Turkish Minister of Trade. This development comes against the backdrop of the ongoing crisis in Ukraine, which has severely affected the country's agricultural sector.

Turkey has traditionally been a significant importer of Ukrainian grain, particularly wheat, thanks to its strategic location as a gateway between Europe, Asia, and the Middle East. However, the recent naval tensions in the Black Sea region have disrupted these trade routes and posed challenges for Ukrainian exporters.

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