Ukraine Black Sea grain deal extended for at least 60 days

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A deal allowing the export of Ukrainian grain from Black Sea ports that was due to expire has been renewed, Turkey's president Tayyip Erdogan said

and renewed for a further 120 days in November. The aim was to combat a global food crisis that was fueled in part by Russia's Feb. 24, 2022, invasion of Ukraine and Black Sea blockade.The United Nations and Turkey said on Saturday that the deal had been extended, but did not specify for how long. Ukraine said it had been extended for 120 days. But Russia's cooperation is needed and Moscow only agreed to renew the pact for 60 days.

"The Black Sea Grain Initiative, alongside the Memorandum of Understanding on promoting Russian food products and fertilizers to the world markets, are critical for global food security, especially for developing countries," U.N. spokesman Stephane Dujarric said in a statement. Russia and Ukraine are key global suppliers of food commodities and Russia is also a top exporter of fertilizer.

To help persuade Russia to allow Ukraine to resume its Black Sea grain exports last year, a three-year deal was also struck in July in which the United Nations agreed to help Russia with its food and fertilizer exports. Western powers have imposed tough sanctions on Russia for its invasion of Ukraine. While its food and fertilizer exports are not sanctioned, Moscow says restrictions on payments, logistics and insurance industries are a barrier to shipments.Commercial vessels including vessels which are part of Black Sea grain deal wait to pass the Bosphorus strait off the shores of Yenikapi during a misty morning in Istanbul, Turkey, October 31, 2022.

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