FAO Brief on the Interruption of the Black Sea Grain Initiative and Its Implications

This brief examines the impact of the termination of the Black Sea Grain Initiative (BSGI) on global food markets and food security. It highlights how the initiative facilitated the export of Ukrainian grain, ensuring stable food supplies and mitigating price volatility. The report analyzes the potential consequences of its discontinuation, particularly for vulnerable countries dependent on grain imports. It calls for renewed diplomatic efforts to restore the agreement and sustain global food security.