Why Is Turkey Happy At ‘The Black Sea Initiative’?
Turkey– Istanbul has become the epicenter of opening the blocks at the Black Sea which is a nodal point of exports for Ukraine and Russia. In an effort to make this a reality, some comprehensive agreements have been signed between Ukraine, Russia, and the United Nations.
Turkey is playing a pivotal role in the opening doors of grain exports that has scuffled a lot of economies worldwide. Ukraine and Russia make up for more than 70percent of grain exports which are the lifeline of a lot of Middle Eastern countries.
Turkey now says that it is (mighty) worried by a recent Russian attack. Turkish Defense Minister Hulusi Akar has communicated to the media that Russia denied involvement and added that the incident would be investigated. Russia is said to have recently, Turkey says that it is worried by the Russian attack.
As war continues between Russia and Ukraine, crossing more than 100 days, the former had launched an attack on the key Ukrainian port of Odessa — a key point for wheat exports and the agreement — with Kalibr cruise missiles less than a day after signing a UN-brokered deal to unblock grain exports via the Black Sea.
Turkish Defense Minister Hulusi Akar said that Russia denied involvement and added that the incident would be investigated. Economists believe Turkey is going to be scoring points as it comes to be the place where grain will be brought in to be transported elsewhere from Ukraine and Russia.
It is being seen as a historic move, also being now called ‘the Black Sea Initiative’, is the result of intense diplomacy efforts between the quartet in brokering a deal between the parties to unblock Ukrainian agricultural exports into global markets by creating a secure food corridor through the Black Sea.