BR100 Decreased By (-0.8%)
BR30 Decreased By (-1.01%)
KSE100 Decreased By (-0.48%)
KSE30 Decreased By (-0.47%)
AGHA 7.70 Decreased By ▼ -0.11 (-1.41%)
BECO 5.15 Decreased By ▼ -0.06 (-1.15%)
BML 57.59 Increased By ▲ 0.09 (0.16%)
BOP 34.07 Increased By ▲ 0.04 (0.12%)
CNERGY 10.00 Increased By ▲ 0.04 (0.4%)
CSIL 5.30 Decreased By ▼ -0.01 (-0.19%)
FCCL 53.30 Decreased By ▼ -1.40 (-2.56%)
FFL 16.60 Decreased By ▼ -0.09 (-0.54%)
FNEL 1.22 Decreased By ▼ -0.01 (-0.81%)
KEL 7.28 Decreased By ▼ -0.12 (-1.62%)
KOSM 5.82 Increased By ▲ 0.05 (0.87%)
LOTCHEM 29.20 Decreased By ▼ -0.12 (-0.41%)
MLCF 92.50 Decreased By ▼ -1.86 (-1.97%)
NBP 201.98 Decreased By ▼ -1.07 (-0.53%)
NCPL 56.83 Decreased By ▼ -0.17 (-0.3%)
NPL 67.20 Decreased By ▼ -0.50 (-0.74%)
OGDC 315.05 Decreased By ▼ -0.79 (-0.25%)
PACE 10.60 Decreased By ▼ -0.04 (-0.38%)
PAEL 42.20 Decreased By ▼ -1.00 (-2.31%)
PIBTL 16.50 Decreased By ▼ -0.24 (-1.43%)
PPL 216.50 Decreased By ▼ -3.28 (-1.49%)
PRL 51.10 Increased By ▲ 1.91 (3.88%)
PTC 70.00 Decreased By ▼ -0.53 (-0.75%)
SSGC 27.08 Decreased By ▼ -1.17 (-4.14%)
TBL 9.74 Decreased By ▼ -0.12 (-1.22%)
TELE 8.68 Decreased By ▼ -0.11 (-1.25%)
TPL 18.40 Increased By ▲ 0.16 (0.88%)
TPLP 13.63 Increased By ▲ 0.36 (2.71%)
TREET 22.50 Decreased By ▼ -0.22 (-0.97%)
TRG 59.05 Decreased By ▼ -1.09 (-1.81%)
World

Turkey’s Erdogan says Ukraine grain deal extended

Published Updated
By

ANKARA: Turkey’s President Recep Tayyip Erdogan on Saturday announced the extension of a deal that allowed exports of Ukrainian grain to resume following Russia’s invasion.

“Following talks with the two parties, we have assured the extension of the deal that was due to expire on March 19,” Erdogan said in comments broadcast on Turkish television, just hours before the agreement was due to expire at midnight.

Turkiye seeks extending grain deal for 120 days

Erdogan did not say for how long the deal was extended. Ankara had previously said it wanted a 120-day extension, while Russia was in favour of a 60-day extension.

“This deal is of vital importance for the global food supply. I thank Russia and Ukraine, who didn’t spare their efforts for a new extension, as well as the United Nations secretary general.”

Russia’s full-scale invasion in February 2022 saw Ukraine’s Black Sea ports blocked by warships.

But a deal brokered by Turkey and the United Nations in July 2022 – and signed by Kyiv and Moscow – has allowed for the safe passage of exports of critical grain supplies. The initial agreement was extended in November until March 18.

Ukraine was one of the world’s top producers, and the so-called Black Sea Grain Initiative has helped soothe the global food crunch triggered by the conflict.

Comments

Comments are closed for this article.