The pact for the export of Russian and Ukrainian seeds and cereals expires today (17) with some prospects of being renewed, although Russia, through the head of diplomacy, Sergei Lavrov, has stated that the agreement "is dead".

Meanwhile, the international press reports that Turkish President Recep Erdogan has assured his Russian counterpart, Vladimir Putin, that he agrees to extend the Black Sea grain agreement, allowing Ukraine to export production, but he didn't give any details.

The current extension of the agreement, signed in the summer of 2022 in Istanbul by Ukraine and Russia under the mediation of the UN and Turkey, ends this Monday and, along with Ukrainian cereals, the document also covers the export of Russian fertilizers and food products.

Moscow has challenged the restrictions on its fertilizer and food exports, claiming that its agricultural sector is being harmed by the sanctions imposed by the West following the invasion of Ukraine in February 2022.