Russia-Ukraine Black Sea Ceasefire Agreed in Riyadh Talks
Why in the news
After three days of US-mediated talks in Riyadh, Russia and Ukraine pledged to stop military action in the Black Sea and to leave energy facilities alone.
Key facts
- Navigation: safe passage for commercial ships, which may not be used for military purposes.
- Energy sites: both sides to halt attacks; the US promised to work on enforcement.
- Russia’s condition: the Black Sea deal applies only after farm-sector sanctions are lifted, including SWIFT reconnection of the Russian Agricultural Bank and related institutions.
- US step: help restore Russia’s access to world markets for farm and fertiliser exports, the first direct concession for its cooperation.
Reactions
- President Zelenskyy welcomed the deal with caution, saying nobody can now say Ukraine is not moving towards lasting peace.
- He also feared it weakens Ukraine’s position and sanctions.
Exam angle
- Venue: Riyadh, Saudi Arabia; mediator: United States.
- Payment system in question: SWIFT.
- Sanctions relief sought: for Russian agriculture.