AVN 65.12 Decreased By ▼ -0.28 (-0.43%)
BAFL 29.50 No Change ▼ 0.00 (0%)
BOP 4.05 No Change ▼ 0.00 (0%)
CNERGY 3.54 Decreased By ▼ -0.06 (-1.67%)
DFML 11.71 Increased By ▲ 0.36 (3.17%)
DGKC 42.60 Decreased By ▼ -0.06 (-0.14%)
EPCL 45.86 Decreased By ▼ -0.91 (-1.95%)
FCCL 11.80 Decreased By ▼ -0.05 (-0.42%)
FFL 5.52 Decreased By ▼ -0.08 (-1.43%)
FLYNG 5.89 Decreased By ▼ -0.06 (-1.01%)
GGL 10.68 Decreased By ▼ -0.01 (-0.09%)
HUBC 66.91 Decreased By ▼ -0.21 (-0.31%)
HUMNL 5.45 Decreased By ▼ -0.07 (-1.27%)
KAPCO 24.12 Decreased By ▼ -0.03 (-0.12%)
KEL 2.06 Decreased By ▼ -0.02 (-0.96%)
LOTCHEM 25.15 Increased By ▲ 0.11 (0.44%)
MLCF 25.41 No Change ▼ 0.00 (0%)
NETSOL 74.22 Decreased By ▼ -0.98 (-1.3%)
OGDC 84.04 Decreased By ▼ -0.56 (-0.66%)
PAEL 10.60 Decreased By ▼ -0.10 (-0.93%)
PIBTL 3.71 Decreased By ▼ -0.21 (-5.36%)
PPL 62.60 Decreased By ▼ -1.00 (-1.57%)
PRL 12.46 Decreased By ▼ -0.18 (-1.42%)
SILK 0.86 Decreased By ▼ -0.01 (-1.15%)
SNGP 39.12 Decreased By ▼ -0.34 (-0.86%)
TELE 7.90 Decreased By ▼ -0.27 (-3.3%)
TPLP 14.32 Decreased By ▼ -0.22 (-1.51%)
TRG 107.11 Decreased By ▼ -1.04 (-0.96%)
UNITY 13.16 Decreased By ▼ -0.30 (-2.23%)
WTL 1.18 Decreased By ▼ -0.01 (-0.84%)
BR100 4,035 Decreased By -27.6 (-0.68%)
BR30 14,315 Decreased By -103.2 (-0.72%)
KSE100 39,880 Decreased By -202.5 (-0.51%)
KSE30 14,771 Decreased By -55.9 (-0.38%)
Follow us

ANKARA: A deal allowing the export of Ukrainian grain from Black Sea ports that was due to expire on Saturday has been renewed, following days of talks brokered by Turkey to extend the agreement.

The pact was brokered with Russia and Ukraine by the United Nations and Turkey in July - and renewed for a further 120 days in November - to combat a global food crisis that was fuelled in part by Russia’s Feb. 24, 2022, invasion of Ukraine and Black Sea blockade.

“The Black Sea Grain Initiative, signed in Istanbul on 22 July 2022, has been extended,” the United Nations said in a statement, thanking the Turkish government for its diplomatic and operational support of the deal.

“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,” Turkey’s President Tayyip Erdogan said in a speech in the western city of Canakkale.

Neither Erdogan nor the UN statement specified the length of the agreed extension.

Russia wanted to renew the deal for only 60 days, half the term of the previous renewal period, while Ukraine was insisting on a 120-day rollover.

Ukrainian Infrastructure Minister Oleksandr Kubrakov said the deal had been extended for 120 days.

“(The Black Sea Grain Initiative) agreement is extended for 120 days,” Kubrakov wrote on Twitter. “Grateful to (UN General Secretary Antonio) Guterres, (the) UN, President Erdogan, Minister Hulusi Akar & all our partners for sticking to the agreements,” he added.

Comments

Comments are closed.

Muhammad Kashif Mar 19, 2023 03:32pm
The extension in the said deal will ease supply chain of the food sector and benefit the world.
thumb_up Recommended (0)

Black Sea grain deal extended, say parties to agreement

Three airports: ECC all set to reconsider engaging IFC as transaction adviser

MoF seeks one year to submit data on fake pensioners

NA passes bill to curtail CJP’s suo motu powers

SC defers all Article 184 (3) cases till changes in rules

Lawyers urge ECP, others to implement SC’s decision

MoF refuses to become part of deal with KE on TDS

Up to Rs14 cut in ex-depot fuel prices likely

Punjab, KP polls in 90 days: SC asks ECP to comply with constitutional command

Provincialisation of Discos: KP gives ‘conditional’ acceptance to Pesco takeover

Forex buyers, sellers: Senate panel urged to remove CNIC-video condition