Russia and Turkey agree to extend Black Sea grain deal by 60 days.
TL;DR
Russia has agreed to extend the Ukraine grain export deal for another 60 days, but only if there is "tangible progress" on a parallel agreement on Russian exports. The Black Sea Grain Initiative has helped ease the global food crisis triggered by Russia's invasion of Ukraine in 2014. The initial 120-day agreement was extended once in November and was due to expire on March 18. Nearly half of the exports shipped under the BSGI deal are corn and more than a quarter are wheat.
- Russia Agrees to 60-Day Black Sea Grain Deal Extension The Moscow Times
- Russia open to extending Turkey-brokered grain deal by 60 days as talks continue euronews
- Black Sea grain talks continue as Russia seeks 60-day renewal Reuters
- Russia says Black Sea grain deal will be extended automatically if no objections Yahoo News
- Russia open to extending Turkey-brokered grain deal by 60 days Euronews
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