Ukraine Boosts Grain Exports Through New Black Sea Corridor Despite Russian Threats

Over 5.6 Million Metric Tons Exported, Insurance Program Launched to Protect Shippers, and Humanitarian Program Extended

Ukraine has launched a new shipping corridor through the Black Sea, allowing it to export more grain despite threats from Russia.
The corridor, protected by the military, has boosted Ukraine's agriculture-dependent economy and is a key source of affordable food products for parts of Africa, the Middle East and Asia.
Despite attacks on Ukraine's Black Sea ports and grain infrastructure by Russia, Ukraine has exported over 5.6 million metric tons of grain and other products through the new corridor.
An insurance program has been launched to provide affordable coverage to shippers carrying food from Ukraine’s Black Sea ports, easing the risk to vessels.
A humanitarian program donating Ukrainian grain to nations facing food shortages has been extended, with the next shipment set to help nearly 400,000 people in Nigeria.