Russia agrees to extend Ukraine grain deal in a boost for global food security

The deal was brokered by the U.N. and Turkey last summer. It came with a separate agreement to ease shipments of Russian food and fertilizer that Moscow insists hasn't been applied.

AP
Workers load grain at a grain port in Izmail, Ukraine.
Turkish President Recep Tayyip Erdogan says Russia has agreed to extend a deal that has allowed Ukraine to ship grain through the Black Sea, helping ease a global food crisis exacerbated by the war Russia launched more than a year ago.

Erdogan said Wednesday that the deal would be extended for two months.

The deal was brokered by the U.N. and Turkey last summer. It came with a separate agreement to ease shipments of Russian food and fertilizer that Moscow insists hasn't been applied.


Russia had set a Thursday deadline for its concerns to be ironed out or had threatened to bow out.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › International › World News › Russia agrees to extend Ukraine grain deal in a boost for global food security
Text Size:AAA
Success
This article has been saved

*

+