The Black Sea grain initiative, extended for 120 days in November, is up for renewal with Moscow ready to extend the deal for only 60 days.
Russia suggests renewing grain deal for shorter term
Russia has suggested renewing a deal allowing the safe export of grain from Ukraine’s Black Sea ports but only for half the term of the previous renewal while the United Nations pledged to do everything possible to ensure the agreement’s integrity remained intact.
The Black Sea grain initiative, brokered between Russia and Ukraine by the United Nations and Turkey last July, aimed to prevent a global food crisis by allowing Ukrainian grain blockaded by Russia’s invasion to be safely exported from three Ukrainian ports.
The deal, extended for 120 days in November, is up for renewal on Saturday. But Russian Deputy Foreign Minister Sergei Vershinin said after talks with United Nations officials in Geneva that Moscow was ready to extend the deal for only 60 days, citing restrictions on Russia agricultural exporters.
Russia, he said on Monday, “does not object to another extension of the ‘Black Sea Initiative’ after its second term expiration on March 18, but only for 60 days.”