AIRLINK 73.18 Increased By ▲ 0.38 (0.52%)
BOP 5.00 Decreased By ▼ -0.06 (-1.19%)
CNERGY 4.37 Increased By ▲ 0.04 (0.92%)
DFML 29.95 Decreased By ▼ -0.57 (-1.87%)
DGKC 91.39 Increased By ▲ 5.44 (6.33%)
FCCL 23.15 Increased By ▲ 0.80 (3.58%)
FFBL 33.50 Increased By ▲ 0.28 (0.84%)
FFL 9.92 Increased By ▲ 0.14 (1.43%)
GGL 10.35 Decreased By ▼ -0.05 (-0.48%)
HBL 113.01 Decreased By ▼ -0.61 (-0.54%)
HUBC 136.28 Increased By ▲ 0.08 (0.06%)
HUMNL 9.60 Decreased By ▼ -0.43 (-4.29%)
KEL 4.78 Increased By ▲ 0.12 (2.58%)
KOSM 4.72 Increased By ▲ 0.32 (7.27%)
MLCF 39.89 Increased By ▲ 1.54 (4.02%)
OGDC 133.90 Increased By ▲ 0.50 (0.37%)
PAEL 28.85 Increased By ▲ 1.45 (5.29%)
PIAA 25.00 Increased By ▲ 0.24 (0.97%)
PIBTL 6.94 Increased By ▲ 0.39 (5.95%)
PPL 122.40 Increased By ▲ 1.19 (0.98%)
PRL 27.40 Increased By ▲ 0.25 (0.92%)
PTC 14.80 Increased By ▲ 0.91 (6.55%)
SEARL 60.40 No Change ▼ 0.00 (0%)
SNGP 70.29 Increased By ▲ 1.76 (2.57%)
SSGC 10.42 Increased By ▲ 0.09 (0.87%)
TELE 8.85 Decreased By ▼ -0.20 (-2.21%)
TPLP 11.32 Increased By ▲ 0.06 (0.53%)
TRG 66.57 Increased By ▲ 0.87 (1.32%)
UNITY 25.20 Decreased By ▼ -0.05 (-0.2%)
WTL 1.55 Increased By ▲ 0.05 (3.33%)
BR100 7,674 Increased By 40.1 (0.53%)
BR30 25,457 Increased By 285.1 (1.13%)
KSE100 73,086 Increased By 427.5 (0.59%)
KSE30 23,427 Increased By 44.5 (0.19%)
World

Reviving Ukraine grain deal ‘critical’ for food security: Turkiye

Published August 31, 2023
Russian Foreign Minister Sergei Lavrov and his Turkish counterpart Hakan Fidan hold a joint press conference following their talks in Moscow on August 31, 2023. Photo: AFP
Russian Foreign Minister Sergei Lavrov and his Turkish counterpart Hakan Fidan hold a joint press conference following their talks in Moscow on August 31, 2023. Photo: AFP

MOSCOW: Turkiye’s foreign minister said on a visit to Moscow on Thursday that reviving a deal to ship Ukrainian grain across the Black Sea was “critical” for food security.

“We underlined its critical role for global food security and stability in the Black Sea,” Turkish Foreign Minister Hakan Fidan said during a joint media appearance with his Russian counterpart Sergei Lavrov.

Fidan was in Moscow to prepare an informal summit between Turkish President Recep Tayyip Erdogan and Vladimir Putin in Russia’s Black Sea resort city of Sochi, expected for next week.

Turkish foreign minister to visit Russia on Thursday

Russia pulled out last month from the UN-backed grain agreement that Turkiye helped broker.

Both Ukraine and Russia have since laid plans to start shipping grain outside the framework of the deal.

Turkiye wants the warring sides to return to the agreement and use it as a basis for broader peace talks.

“I reiterated our belief that revitalising the initiative will restore stability,” Fidan said.

Moscow says the previous agreement imposed indirect restrictions on its grain and fertiliser exports by limiting Russia’s access to global payment systems and insurance.

Lavrov repeated Russia’s longstanding position that it will return to the deal once its demands are met.

Fidan said that Turkiye wanted to begin a “process focused on understanding and answering Russia’s demands”.

The agreement helped Ukraine export more than 30 million tonnes of grain and foodstuffs in the year it remained in effect.

This helped push down global food prices that soared in the wake of Russia’s military operation in Ukraine and ease levels of hunger in Africa and parts of the Middle East.

Comments

Comments are closed.