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

Acordo para exportar cereais pelo Mar Negro válido por mais 120 dias

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

?the agreement has been extended for another 120 days,? said Ukrainian Minister of Community, Territorial and Infrastructure Development Oleksandr Kubrakov on his Facebook account.

Kubrakov thanked UN Secretary-General Antonio Guterres and Turkish President Recep Tayyip Erdogan, as well as all the allied countries involved in the mediation.

This means that Ukraine continues to export its agricultural products through three ports," the minister said, revealing that as of August 1, 25 million tons of grain had been shipped to meet the world's needs.

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

The agreement, approved in July 2022 under mediation by the UN and Turkey, was last extended last November and was due to expire this Saturday.

Also today, Turkish President Recep Tayyip Erdogan announced the extension of the international agreement on Ukrainian grain exports, 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 involvement in the negotiations.

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

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

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