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Black Sea ceasefire will take effect after some sanctions are lifted, Kremlin says

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Black Sea ceasefire will take effect after some sanctions are lifted, Kremlin says
Russian servicemen stand with the Kremlin's Spasskaya tower and Saint Basil's cathedral before the Victory Day military parade rehearsal in central Moscow, Russia, on April 27, 2023. (Kirill Kudryavtsev / AFP via Getty Images)

The ceasefire in the Black Sea will take effect only after Western sanctions on Russian food producers and exporters are lifted, the Kremlin said in a statement on March 25.

The statement came after two-day talks in Saudi Arabia, during which Ukraine, Russia and the U.S. agreed to implement a ceasefire in the Black Sea and a ban on strikes against energy infrastructure.

In contrast with Russia's statement, Ukraine and the U.S. did not directly mention lifting sanctions against Moscow as part of the agreements.

Washington vowed to help restore Russia’s access to the world market for agricultural and fertilizer exports, lower maritime insurance costs, and enhance access to ports and payment systems for such transactions.

The Kremlin said that the Black Sea ceasefire would come into effect after the West lifts the sanctions against Russia's Rosselkhozbank and other financial organizations involved in supporting international food trade operations and restores their connection to the SWIFT messaging system.

Moscow is also demanding that the West lift the sanctions on Russian food producers and exporters, as well as on Russian-flagged ships involved in food and fertilizer trade.

Moreover, the Kremlin wants the West to remove sanctions on the import of agricultural equipment and fertilizers into Russia.

Another condition for the ceasefire is that commercial ships in the Black Sea should be inspected, according to the Kremlin.

The Kremlin also claimed that the ban on energy strikes had been in effect since March 18 and would be valid for 30 days with the possibility of extension.

Despite the agreement between U.S. President Donald Trump and his Russian counterpart, Vladimir Putin a week ago, Russia has continued its regular campaign of aerial attacks against Ukrainian cities and infrastructure.

Russia, Ukraine agree to partial ceasefire in Black Sea, US to help restore Russia’s access to markets
Washington vowed to help restore Russia’s access to the world market for agricultural and fertilizer exports, lower maritime insurance costs, and enhance access to ports and payment systems for such transactions.
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Kateryna Denisova

News Editor

Kateryna Denisova works as a News Editor at the Kyiv Independent. She previously worked as a news editor at the NV media outlet for four years, covering mainly Ukrainian and international politics. Kateryna holds a bachelor’s degree in journalism from Taras Shevchenko University of Kyiv. She also was a fellow at journalism schools in the Czech Republic and Germany.

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