Turkey negotiates grain deal for another 120 days

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Turkey is trying to extend the grain deal between Ukraine and Russia by 120 days as before. “We have started negotiations according to the original version of the agreement,” Turkish Defense Minister Hulusi Akar said on Wednesday. The two warring parties had agreed in principle to an extension on Tuesday. However, Russia spoke of 60 days, while Ukraine spoke of 120 days.

Turkey, which negotiated the deal with the United Nations in July, will aim to extend it for 120 days instead of two months, Akar said. The parties will now investigate this. “Continuing the agreement is important.” The agreement would have expired on Saturday.

The agreement was signed in July 2022
The agreement stipulates that Ukraine can ship its grain through a protective corridor in the Black Sea, despite the war started by Russia. Since signing on July 22, millions of tons of grain and other food products have left Ukrainian ports.

Rising grain prices made it difficult for poorer countries
Ukraine and Russia are among the largest grain exporters in the world. Their deliveries therefore have a major impact on the global development of food prices. The grain agreement is one of the few diplomatic successes in the war that has been going on since February 24, 2022. It is intended to slow down the global increase in grain prices, which mainly affects poorer countries.

Source: Krone

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