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Russia and Ukraine extend grain deal despite disagreement

Russia and Ukraine extend grain deal despite disagreement

The agreement that allows Ukraine to export millions upon millions of tonnes of grain through the Black Sea has been extended despite the ongoing conflict with Russia.

But it is unclear how long it will last, with Ukraine pushing for 120 days, and Russia calling for 60 days.

Russia warned that it won’t allow the deal to continue unless there are reduced sanctions against Moscow.

The UN and Turkey helped broker the export agreement last July following fears of a global food crisis.

Ukraine is one the top grain producers in the world, but Russian warships blocked access to Black Sea ports after the invasion of February last year.

Countries that suffer from food insecurity, such as Yemen, rely heavily on these supplies.

Turkish President Recep Tayyip Erdan announced an agreement to extend the agreement on Saturday with hours to go before it was due to expire.

“This deal is of vital importance for the global food supply. I thank Russia and Ukraine, who didn’t spare their efforts for a new extension, as well as the United Nations secretary general,” he said.

But neither Mr. Erdogan nor the UN clarified how long it would last. Ukraine wanted it to be extended for 120 days, but Russia said it was only willing to renew the pact for another 60 days.

Vassily Nebenzia, Russia’s ambassador to the UN, said on Friday that the EU, UK, and US had two months to remove any sanctions targeting Russia’s agricultural sector if they wanted the deal to continue.

Moscow wants Russian producers to be able to export more food and fertilizer to the rest of the world but says Western sanctions are preventing them.

While food and fertilizer exports have not been targeted, Russia says restrictions on payments, insurers, and shippers make exports difficult.

Russia briefly withdrew from the deal in November last year, accusing Ukraine of attacking its fleet in Crimea – but it re-joined a few days later.

According to the UN, the deal has already allowed nearly 25 million tonnes of foodstuffs from Ukraine’s Black Sea ports to reach global markets.

Russia and Ukraine extend grain deal despite disagreement was last modified: March 19th, 2023 by ABBStaff-Mayowa
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