Black Sea Grain Initiative was extended for another 120 days

The Minister for Communities and Territories Development and Infrastructure of Ukraine Oleksandr Kubrakov informed on March 18, 2023, on Twitter, that Ukraine has reached agreements with Turkey and the United Nations regarding the extension of the grain agreement for 120 days.

Source: The Minister for Communities and Territories Development and Infrastructure of Ukraine Oleksandr Kubrakov

“Black Sea Grain Initiative agreement is extended for 120 days. Grateful to the UN Secretary-General Antonio Guterres, President Erdoğan, Minister Hulusi Akar & all our partners for sticking to the agreements. Due our joint efforts, 25M tons of Ukrainian grain delivered to world market,” tweeted the Minister for Communities and Territories Development and Infrastructure of Ukraine.

According to Oleksandr Kubrakov, such a step means that Ukraine will continue to export agricultural products through three seaports.

“At the same time, the main challenge is the acceleration of inspection checks in Turkey. This will allow the world to receive even more Ukrainian agricultural products. We are also continuing work on joining the grain initiative of the ports of the Mykolaiv region and expanding the range of cargo,” added Oleksandr Kubrakov.

The UN also confirmed the extension of the grain agreement, however, it did not specify for what period the grain agreement was extended.

“The Black Sea Grain Initiative, signed in Istanbul on 22 July 2022, has been extended. The Initiative allows for the facilitation of the safe navigation for the exports of grain and related foodstuffs and fertilizers, including ammonia, from designated Ukrainian seaports. During the first two terms, some 25 million metric tonnes of grain and foodstuffs have been moved to 45 countries, helping to bring down global food prices and stabilizing the markets,” noted the United Nations.


See also: UN Secretary-General arrived in Kyiv to discuss Black Sea Grain Initiative


 

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