Black Sea grain deal extended for 120 days
The grain agreement between Ukraine and Russia that was set for expiration on Saturday has been renewed, informs Türkiye’s President, Recep Erdogan, according to news agency Reuters. Erdogan took part in brokering the original deal.
It was expected that the agreement on grain exports via the Black Sea would be extended. But Ukraine and Russia have disagreed on the exact length of the renewal.
Ukraine’s Ministry of Infrastructure stated on Saturday that – in line with Ukraine’s wish – the deal has been extended by 120 days.
Russia had previously called for a 60-day renewal.
Erdogan does not say how long the agreement has been extended.
”The deal for the grain corridor was due to expire today. As a result of our talks with the two sides, we have secured an extension to this deal,” said Erdogan in a speech.
The grain deal was initiated last summer with the UN and Türkiye as brokers, following a surge in global grain and bread prices which had severe repercussions for the poor parts of the world.
The grain agreement contains an option for the parties to renew the deal by at least 120 days at a time.
Ukraine and Russia are among the world’s leading grain exporters. Russia’s invasion of Ukraine last year suddenly made it highly dangerous to ship grain through the Black Sea.
English edit: Kristoffer Grønbæk