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Agreement to export grain through the Black Sea valid for another 120 days

The agreement between Russia and Ukraine to extend the agreement on the export of Ukrainian cereals through the Black Sea is valid for 120 days, the Kiev government revealed this Saturday, quoted by EFECOM.

“The agreement has been extended for another 120 days,” Ukrainian Minister of Community Development, Land and Infrastructure Oleksandr Kubrakov said on his Facebook account.

Kubrakov thanked UN Secretary General António Guterres and Turkish President Recep Tayyip Erdogan, as well as all allied countries that participated in the mediation.

“This means that Ukraine continues to export its agricultural products through three ports,” explained the minister, who revealed that since August 1, 25 million tons of cereals have been shipped “to meet the needs of the world.”

On Wednesday, Turkey announced that it was negotiating with Ukraine and Russia for a further 120-day extension of the grain deal, instead of the 60 days announced by Moscow.

The agreement, approved in July 2022 under the mediation of the UN and Turkey, was last extended last November and expired today.

Also today, Turkish President Recep Tayyip Erdogan announced the extension of the international agreement on the export of Ukrainian cereals, but without specifying the duration of the pact.

“The continuation and stability of the agreement is of vital importance,” Erdogan said.

Erdogan attended a public event in Çanakkale, western Turkey, where he thanked Ukraine, Russia and the United Nations for their participation in the negotiations.

The agreement has facilitated the export of 25 million tons of cereals in more than 1,600 merchant ship voyages since last July.

Fifty-five percent of this food went to developing countries.

Source: TSF

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