The United States and Russia reached a new agreement in the Saudi capital, Riyadh, this week that includes a U.S. commitment to help restore Russia’s access to global markets for agricultural and fertilizer exports, the White House said in a March 25 statement.
The announcement follows three days of bilateral talks in Riyadh, hosted by Crown Prince Mohammed bin Salman. The discussions, held March 23-25, were a follow-up to earlier presidential-level talks between President Donald Trump and Russian President Vladimir Putin.
The agreement states that the United States will work to lower maritime insurance costs and improve Russia’s access to ports and payment systems, facilitating the export of food and fertilizer, key sectors of Russia’s economy that have faced mounting obstacles since the onset of the conflict in Ukraine in 2022....