Lloyd’s welcomes 120-day extension of Black Sea grain initiative
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Lloyd’s welcomes 120-day extension of Black Sea grain initiative

lloyds black sea logo 2022.png

Lloyd’s has welcomed the recent extension of the United Nations’ Black Sea grain initiative, as well as changes made to sanctions to enable the transportation of Russian-origin food and fertiliser.

The UN established the initiative in July in a bid to allow vital cargo from Russia and Ukraine to make its way around the globe, and officials confirmed at the end of last week that the initiative had been...

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