BR100 Increased By (0.36%)
BR30 Increased By (0.28%)
KSE100 Increased By (0.24%)
KSE30 Increased By (0.13%)
BECO 6.03 No Change ▼ 0.00 (0%)
BML 57.29 Increased By ▲ 4.54 (8.61%)
BOP 34.15 Decreased By ▼ -0.10 (-0.29%)
CNERGY 8.21 Increased By ▲ 0.05 (0.61%)
DCL 12.22 Decreased By ▼ -0.12 (-0.97%)
FCCL 53.90 Increased By ▲ 0.01 (0.02%)
FCSC 5.28 Increased By ▲ 0.06 (1.15%)
FFL 18.00 Decreased By ▼ -0.03 (-0.17%)
FNEL 1.31 Increased By ▲ 0.01 (0.77%)
HUMNL 11.23 Increased By ▲ 0.23 (2.09%)
KEL 8.14 Increased By ▲ 0.03 (0.37%)
KOSM 5.46 Increased By ▲ 0.08 (1.49%)
MLCF 88.65 Increased By ▲ 0.60 (0.68%)
NBP 186.15 Decreased By ▼ -0.33 (-0.18%)
PACE 10.86 Increased By ▲ 0.14 (1.31%)
PAEL 40.59 Increased By ▲ 0.65 (1.63%)
PIAHCLA 26.26 Increased By ▲ 0.09 (0.34%)
PIBTL 17.36 Increased By ▲ 0.04 (0.23%)
PPL 232.74 Decreased By ▼ -0.04 (-0.02%)
PRL 34.82 Decreased By ▼ -0.13 (-0.37%)
PTC 66.78 Decreased By ▼ -0.78 (-1.15%)
SEARL 91.56 Increased By ▲ 0.63 (0.69%)
SSGC 27.16 Decreased By ▼ -0.01 (-0.04%)
TELE 8.57 No Change ▼ 0.00 (0%)
THCCL 64.48 Increased By ▲ 4.35 (7.23%)
TPLP 9.14 Increased By ▲ 0.38 (4.34%)
TREET 24.68 Increased By ▲ 0.14 (0.57%)
TRG 72.70 Increased By ▲ 0.95 (1.32%)
WAVES 10.70 Increased By ▲ 0.72 (7.21%)
WTL 1.27 Increased By ▲ 0.01 (0.79%)
By

ISTANBUL: Turkiye will continue discussions to extend a deal which allows grain shipments from Ukraine’s Black Sea ports for 120 days rather than 60 days, Turkish Defence Minister Hulusi Akar said on Wednesday.

“We started negotiations in line with the initial version of the deal. The continuation of the deal is important. We will continue our contacts (regarding its extension for) 120 days instead of two months,” Akar said according to a statement by the defence ministry. Parties of the deal will evaluate and decide on a further extension of the agreement, Akar also said, adding that Ankara hoped for a positive outcome.

Since Russia and Ukraine signed the UN-backed Black Sea Grain Initiative in Turkey on July 22, millions of tonnes of grain and other food products have been exported from Ukrainian ports, helping lower global food prices from record highs.

As the talks continued, Russia suggested allowing the deal to be renewed for 60 days, half the term of the previous renewal, but Ukraine rejected it.

Comments

Comments are closed for this article.

Muhammad Kashif Mar 17, 2023 03:44pm
The Russian-Ukraine war has been adversely affecting the entire world especially the developing countries in every way. This war has become one of the primary reasons of rising GLOBAL INFLATION.
0