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Black Sea Wheat Deal Extended: Parties Involved

A deal allowing the export of Ukrainian grain through Black Sea ports, due to expire on Saturday, was renewed after days of Turkish-brokered talks to extend the treaty.

The pact was negotiated with Russia and Ukraine by the United Nations and Turkey in July – and renewed for another 120 days in November – to address a global food crisis that has been driven in part by Russia’s invasion of Ukraine in February 2022 and the blockade of the Black Sea.

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

“The Grain Corridor Agreement was due to expire today. Following our talks with both sides, we have secured an extension of this agreement,” Turkish 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 just 60 days, half the previous renewal period, while Ukraine insisted on a 120-day extension.

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

Source: Terra

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