Russia and Ukraine extend grain deal

Russia and Ukraine extend grain deal

Cargo ship with grain

Ukraine and Russia are important suppliers of food.

(Photo: dpa)

Istanbul The agreement to Black Sea Grains Initiative was mediated by the United Nations and the Turkey came about in July 2022 and provides for the release of Ukrainian ports and a corridor in the Black Sea for grain exports.

Russia had blocked Ukrainian grain exports for months after the start of its war of aggression on February 24, 2022. The Ukraine and Russia are important suppliers of wheat, barley, sunflower oil and other foodstuffs to countries in Africa, the Middle East and parts of Asia.

Before the war began, Russia was also the world’s largest exporter of fertilizers. The disruption of these supplies following the Russian invasion in February 2022 drove up food prices around the world and fueled fears of a hunger crisis in poorer countries.

Agreement essential for global food supply

“Following our talks with both sides, we have reached the extension of the agreement, which was due to expire on March 19,” Erdogan said at a ceremony opening a facility in Canakkale, western Turkey.

He thanked Ukraine, Russia and the United Nations for their efforts to uphold the deal, which he described as “vital to the stability of the world’s food supply.” More than 800 ships have so far transported 25 million tons of grain under the deal, said the Turkish head of state

In addition, there was an agreement with Russia to facilitate the export of Russian food and fertilizers. Russia has repeatedly threatened to scrap the agreements, citing, among other things, that its own exports of grain and fertilizer would be further hampered by Western sanctions.

Read more: The laborious export of the Ukrainian grain

Source link