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African Countries Await Resumption of Black Sea Grain Initiative, Algerian Expert Says

© Getty Images / dia imagesBlack Sea Deal
Black Sea Deal - Sputnik Africa, 1920, 28.03.2025
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Russia withdrew from the Black Sea Initiative in July 2023, citing its use by Kiev for attacks on Russian ships and infrastructure, as well as the failure to normalize Russian agricultural exports.
African countries are extremely interested in reviving the Black Sea grain initiative, which will be a chance to strengthen food security on the continent, Fares Habbache, professor of economics at Ferhat Abbas University, Algeria, told Sputnik.
Lifting sanctions on Russian grain exports will solidify Russia's position as Africa's primary food supplier, he said, recalling Russia's 2024 donation of 200,000 tonnes of grain to several African nations.
SWIFT (Society for Worldwide Interbank Financial Telecommunication) logo displayed on a phone screen and Russian flag displayed on a phone screen are seen in this multiple exposure illustration photo taken in Krakow, Poland on February 28, 2022. - Sputnik Africa, 1920, 27.03.2025
US Treasury Chief Not Ruling Out Russia's Readmission to SWIFT as Part of Black Sea Deal
Russia and the US agreed to revive the Black Sea Initiative after Putin-Trump talks, ensuring safe navigation, banning military use of commercial ships, and conducting vessel inspections. The deal hinges on fulfilling conditions, including the removal of sanctions from Russia's Rosselkhozbank.
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