Ceasefire terms: Is Russia lying?

停火条款:俄罗斯在撒谎吗?

World Business Report

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2025-03-26

26 分钟
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Ukraine's President Zelensky says Russia is "lying" about the terms of their Black Sea ceasefire. Russia, in turn, insists that certain sanctions on banks, insurers, and food exporters must be lifted before the ceasefire takes effect. Can reshoring work in Canada? Plus, why are consumers turning their backs on orange juice? Roger Hearing finds out.
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  • Hello and welcome to World Business Report from the BBC World Service.

  • I'm Roger Hearing.

  • And on this edition, a plan for a Black Sea ceasefire.

  • But Russia's now tied it to relief on sanctions for some of its banks and rejoining a money transfer system.

  • So how's that going to work?

  • Also,

  • how Canadians are on shoring to counter the new world of US Tariffs and why orange juice futures are getting,

  • well, a bit fizzy.

  • But let's start with Ukraine.

  • We do now know what so far come out of the talks that the Russians,

  • Americans and Ukrainians have been having in Saudi Arabia.

  • It's an agreement to stop attacks on shipping in the Black Sea.

  • A White House statement said both sides had committed to giving safe passage to vessels and find ways to pause strikes on energy facilities as well.

  • But a Kremlin statement added a rider.

  • Safe navigation would only be enforced once sanctions were lifted for from Russian banks involved in international trade in food and fertilizers.

  • And they are fully reconnected to the swift money transfer system.

  • President Trump was asked about those conditions.

  • They will be looking at them and we're thinking about all of them right now.

  • There are about five or six conditions.

  • We're looking at all of them.