Ukraine has proposed a mutual halt to attacks on civilian targets in the Black Sea as strikes on vessels and ports disrupt agricultural shipments and raise concerns about global food supplies.

By yourNEWS Media Newsroom

Ukraine has offered Russia a mutual suspension of attacks on civilian targets in the Black Sea as escalating strikes on ships and port infrastructure threaten grain exports from two of the world’s major agricultural producers.

Kyiv transmitted the proposal to Moscow through a third party and was awaiting a response, according to a source familiar with the matter.

The initiative follows weeks of intensified attacks in and around the Black Sea, with both Russia and Ukraine accusing the other of targeting vessels involved in agricultural exports.

The disruption has been particularly severe for Ukraine, where concerns over Russian strikes have caused many shipowners to stop calling at ports in the southern Odesa region, a critical hub for Ukrainian grain shipments.

Ukraine has consequently been forced to rely more heavily on alternative export routes.

Russian attacks have struck dozens of foreign-flagged vessels and port infrastructure, according to the information provided, increasing risks for commercial shipping operating near Ukraine’s Black Sea coastline.

The economic consequences are already significant.

Russia’s de facto blockade of Ukraine’s Black Sea ports in the Odesa region has contributed to a 76% year-over-year decline in Ukrainian grain exports so far in August.

Ukraine’s agricultural sector has warned that a prolonged disruption could have substantial consequences for the broader economy.

Both countries are major participants in international agricultural markets, meaning extended interruptions to their exports can also affect global food supplies and commodity prices.

Russia did not immediately publicly respond to Ukraine’s reported proposal.

Before news of the offer emerged, Russian Deputy Foreign Minister Alexander Grushko said Moscow had not received a formal proposal for a ceasefire in the Black Sea.

“Recently, we have been hearing many calls for various kinds of moratoriums and truces. These ideas are being put forward through various channels, but we have not received any formal proposals,” Grushko said, according to Russian state news agency TASS.

The difference between Grushko’s statement and the reported Ukrainian initiative could reflect the use of an intermediary rather than a direct formal communication between Kyiv and Moscow.

Turkey has also been involved in efforts to reduce hostilities in the Black Sea.

Turkish Foreign Minister Hakan Fidan said Saturday that a proposal had been conveyed to both Russia and Ukraine calling on the two countries to declare a moratorium on attacks in the Black Sea.

The reported Ukrainian offer appears consistent with those efforts to establish at least a limited maritime ceasefire focused on civilian shipping and infrastructure.

Markets reacted quickly to reports that Kyiv had proposed a halt to attacks.

September wheat futures on Euronext turned lower after giving up sharp earlier gains following news of the Ukrainian offer, reflecting hopes that an agreement could ease some of the disruption to grain shipments.

The Black Sea has become an increasingly important front in the broader conflict because of its role in moving agricultural commodities to international markets.

Odesa’s ports are especially important for Ukraine, whose economy depends heavily on agricultural exports.

The growing danger to commercial vessels has made shipowners more reluctant to enter the area, forcing exporters to seek other routes that can be more expensive or less efficient.

Russia and Ukraine have each accused the other of worsening the situation by striking vessels associated with agricultural trade.

The proposed truce would seek to separate civilian maritime commerce from the continuing military conflict, although it remains unclear whether Russia will accept the terms.

For Ukraine, an agreement could help restore traffic to Odesa-region ports and reduce the pressure on its agricultural sector.

For global markets, a reduction in attacks could ease concerns that continued disruption will restrict supplies of grain and other agricultural commodities.

Kyiv remained awaiting Moscow’s response to the proposal as of the latest information provided, leaving the future of any Black Sea ceasefire uncertain.

Original article