Russia, US reach agreement on Black Sea security and energy truce ...Iraq

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Russia, US reach agreement on Black Sea security and energy truce

Shafaq News/ Russiaand the United States reached key agreements following expert-level talks, theKremlin stated on Tuesday.

As part of the BlackSea Initiative, both sides agreed to measures ensuring safe navigation andpreventing the use of force or commercial vessels for military purposes. Theinitiative will include vessel inspections to enforce compliance.

    “The United Stateswill help restore Russia's access to the world market for agricultural and fertilizerexports,” reducing maritime insurance costs, and easing port and payment systemaccess for these exports.

    The implementation ofthese agreements is contingent upon the removal of sanctions on Russianfinancial institutions, agricultural exporters, and shipping entities. TheKremlin specifically listed the lifting of restrictions on the RussianAgricultural Bank and other financial bodies involved in global food andfertilizer trade, as well as the removal of bans on trade finance operationsand ship servicing.

    “Russia and the UnitedStates agreed to develop measures for implementing the agreement between thetwo countries' presidents to ban strikes against energy facilities of Russiaand Ukraine for 30 days starting on March 18, 2025, with an option to extend theagreement or to withdraw from it in the event of non-compliance by either party,”the statement added.

    The agreement allowsfor an extension beyond 30 days, but either side can withdraw if the otherviolates the terms.

    When asked by areporter about the sanctions Russia insists must be lifted before implementingthe Black Sea deal, the US president Donald Trump responded, "We'rethinking about all of them right now. We're looking at all of them."

    However, UkrainianPresident Volodymyr Zelenskiy dismissed this claim, stating that the agreementsdid not hinge on sanctions relief.

    "Unfortunately,even now, on the very day of negotiations, we see how the Russians have alreadybegun to manipulate," Zelenskiy said in his nightly video address."They are already trying to distort agreements and deceive both ourintermediaries and the entire world," according to media outlets.

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