AIRLINK 71.69 Decreased By ▼ -2.41 (-3.25%)
BOP 5.00 No Change ▼ 0.00 (0%)
CNERGY 4.39 Increased By ▲ 0.05 (1.15%)
DFML 28.55 Decreased By ▼ -0.99 (-3.35%)
DGKC 82.40 Decreased By ▼ -1.15 (-1.38%)
FCCL 21.95 Decreased By ▼ -0.48 (-2.14%)
FFBL 34.15 Decreased By ▼ -0.75 (-2.15%)
FFL 10.08 Increased By ▲ 0.21 (2.13%)
GGL 10.12 Increased By ▲ 0.12 (1.2%)
HBL 113.00 Increased By ▲ 1.00 (0.89%)
HUBC 140.50 Increased By ▲ 2.81 (2.04%)
HUMNL 8.03 Increased By ▲ 1.05 (15.04%)
KEL 4.38 Decreased By ▼ -0.02 (-0.45%)
KOSM 4.50 Decreased By ▼ -0.09 (-1.96%)
MLCF 38.01 Decreased By ▼ -0.54 (-1.4%)
OGDC 134.69 Decreased By ▼ -1.91 (-1.4%)
PAEL 26.62 Increased By ▲ 1.48 (5.89%)
PIAA 25.40 Decreased By ▼ -1.11 (-4.19%)
PIBTL 6.55 Decreased By ▼ -0.10 (-1.5%)
PPL 121.95 Decreased By ▼ -3.45 (-2.75%)
PRL 27.73 Decreased By ▼ -0.48 (-1.7%)
PTC 13.80 Decreased By ▼ -0.50 (-3.5%)
SEARL 54.89 Increased By ▲ 0.29 (0.53%)
SNGP 69.70 Decreased By ▼ -1.50 (-2.11%)
SSGC 10.40 Decreased By ▼ -0.10 (-0.95%)
TELE 8.50 Decreased By ▼ -0.02 (-0.23%)
TPLP 10.95 Increased By ▲ 0.01 (0.09%)
TRG 60.90 Increased By ▲ 0.20 (0.33%)
UNITY 25.22 Decreased By ▼ -0.11 (-0.43%)
WTL 1.28 Increased By ▲ 0.02 (1.59%)
BR100 7,619 Decreased By -45.8 (-0.6%)
BR30 24,969 Decreased By -56.1 (-0.22%)
KSE100 72,761 Decreased By -3 (-0%)
KSE30 23,625 Decreased By -150.3 (-0.63%)

ISTANBUL: Russian fertilisers and agricultural products must be able to reach world markets “unimpeded” or a global food crisis could strike as early as next year, UN Secretary General Antonio Guterres said Saturday. “It is important that all governments and the private sector cooperate to bring them to market,” he said from the Joint Coordination Center (JCC).

The JCC oversees the implementation of the Ukrainian grain export agreement signed in July by Kyiv and Moscow with the UN and Turkey as guarantors. The agreement also guarantees Russia the right to export its agricultural products and fertilisers despite Western sanctions.

“What we see here in Istanbul and in Odessa is only the more visible part of the solution. The other part of this package deal is the unimpeded access to the global markets of Russian food and fertiliser, which are not subject to sanctions,” Guterres said, adding that despite this, Russian fertiliser and agricultural exports still faced “obstacles.”

“Without fertiliser in 2022, there may not be enough food in 2023. Getting more food and fertiliser out of Ukraine and Russia is crucial to further calm commodity markets and lower prices for consumers,” he said. Guterres travelled this week to Ukraine, where he met with the presidents of Ukraine and Turkey, Volodymyr Zelensky and Recep Tayyip Erdogan, in the western city of Lviv Thursday.

Two more grain ships leave Ukraine, Turkey’s defence ministry says

He headed to the southern city of Odessa on Friday. Earlier Saturday, he visited the first aid ship chartered by the United Nations to transport Ukrainian grain on the southern shores of Istanbul in the Sea of Marmara. The Brave Commander left the Ukrainian port of Pivdenny on Tuesday with 23,000 tonnes of wheat before crossing the Bosphorus on Wednesday evening.

The UN chief vowed Thursday that his organisation would try to “step up” grain exports from Ukraine before the onset of winter, which are crucial for food supplies in many African countries. Under the agreement signed in July, 650,000 tons of Ukrainian grain and agricultural products have left the Ukrainian ports of Odessa, Chornomorsk and Pivdenny since August 1.

Ships must use a safe corridor to travel in the Black Sea and then be inspected by the JCC before being allowed to cross the Bosphorus Strait. Cereal exports from Ukraine, one of the world’s leading producers and exporters, were blocked for several months due to the Russian invasion, raising fears of a global food crisis.

Comments

Comments are closed.