AIRLINK 72.59 Increased By ▲ 3.39 (4.9%)
BOP 4.99 Increased By ▲ 0.09 (1.84%)
CNERGY 4.29 Increased By ▲ 0.03 (0.7%)
DFML 31.71 Increased By ▲ 0.46 (1.47%)
DGKC 80.90 Increased By ▲ 3.65 (4.72%)
FCCL 21.42 Increased By ▲ 1.42 (7.1%)
FFBL 35.19 Increased By ▲ 0.19 (0.54%)
FFL 9.33 Increased By ▲ 0.21 (2.3%)
GGL 9.82 Increased By ▲ 0.02 (0.2%)
HBL 112.40 Decreased By ▼ -0.36 (-0.32%)
HUBC 136.50 Increased By ▲ 3.46 (2.6%)
HUMNL 7.14 Increased By ▲ 0.19 (2.73%)
KEL 4.35 Increased By ▲ 0.12 (2.84%)
KOSM 4.35 Increased By ▲ 0.10 (2.35%)
MLCF 37.67 Increased By ▲ 1.07 (2.92%)
OGDC 137.75 Increased By ▲ 4.88 (3.67%)
PAEL 23.41 Increased By ▲ 0.77 (3.4%)
PIAA 24.55 Increased By ▲ 0.35 (1.45%)
PIBTL 6.63 Increased By ▲ 0.17 (2.63%)
PPL 125.05 Increased By ▲ 8.75 (7.52%)
PRL 26.99 Increased By ▲ 1.09 (4.21%)
PTC 13.32 Increased By ▲ 0.24 (1.83%)
SEARL 52.70 Increased By ▲ 0.70 (1.35%)
SNGP 70.80 Increased By ▲ 3.20 (4.73%)
SSGC 10.54 No Change ▼ 0.00 (0%)
TELE 8.33 Increased By ▲ 0.05 (0.6%)
TPLP 10.95 Increased By ▲ 0.15 (1.39%)
TRG 60.60 Increased By ▲ 1.31 (2.21%)
UNITY 25.10 Decreased By ▼ -0.03 (-0.12%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)
BR100 7,566 Increased By 157.7 (2.13%)
BR30 24,786 Increased By 749.4 (3.12%)
KSE100 71,902 Increased By 1235.2 (1.75%)
KSE30 23,595 Increased By 371 (1.6%)

UNITED NATIONS: Ten million metric tonnes of grains and foodstuffs have left Ukraine in the past three months, the UN chief said Thursday, calling for the renewal of a deal vital to "reducing the risk of hunger" worldwide.

The landmark announcement comes just days after the so-called Black Sea grain deal, which was put in place over the summer to ease the global food crisis caused by Russia's war in Ukraine, was called into question by Moscow's complaints over sanctions.

"The Black Sea Grain Initiative is making a difference," United Nation chief Antonio Guterres told journalists.

"As of today, ten million metric tonnes of grain and other foodstuffs have been shipped through the Black Sea corridor. It has taken just three months to reach this milestone."

He noted that Russia's brief withdrawal from the deal earlier this week, which led to a further increase in global food prices, had shown the "importance" of the accord in stemming the global food crisis and "reducing the risks of hunger, poverty, and instability."

"The initiative is working. It is our collective responsibility to keep it working smoothly," said Guterres.

He called for concentrated efforts toward the "renewal and full implementation of the Black Sea Grain Initiative."

No sign of ‘undeclared nuclear activities’ in Ukraine: IAEA

The 120-day grain deal was signed between Moscow, Kyiv, the UN, and Turkey on July 22 in an effort to combat the global food crisis sparked by the war, which had stalled all agricultural exports from one of the world's breadbaskets.

Even before Russia's move to pull out of the deal on Saturday, from which it backtracked on Wednesday, uncertainty over the extension of the initiative had led to price increases of certain products.

Guterres also urged the parties to focus on "removing the remaining obstacles to the exports of Russian food and fertilizer."

Russia has slammed its inability to export its own grain and fertilizer as part of a second agreement, due to Western sanctions.

"The world needs concerted efforts to urgently address the global fertilizer market crunch and make full use of Russian export capacity," said Guterres.

"The fertilizer shortage is already affecting farmers around the world. We cannot allow the global fertilizer shortage to morph into a global food shortage."

Comments

Comments are closed.