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Saturday, July 23, 2022

Russia, Ukraine ink key pact to resume food grain export to international market :-Rediff.com

 Russia and Ukraine signed separate agreements in Istanbul Friday with Turkey and the United Nations to resume grain shipments to international markets via the Black Sea.

IMAGE: Ukrainian Infrastructure Minister Oleksandr Kubrakov (left) and Turkish Defence Minister Hulusi Akar shake hands next to UN Secretary-General Antonio Guterres and Turkish President Recep Tayyip Erdogan during a signing ceremony in Istanbul, Turkey, July 22, 2022. Photograph: Umit Bektas/Reuters

The agreement has ended a wartime standoff that had threatened food security in several countries and cleared the way for exporting tons of Ukrainian grains.The ceremony in Istanbul was witnessed by Turkish President Recep Tayyip Erdogan whereas Minister Oleksandr Kubrakov signed separate deals with UN Secretary-General Antonio Guterres and Turkish Defense Minister Hulusi Akar, The Washington Post reported.

"Today, there is a beacon on the Black Sea," Guterres said.

"A beacon of hope, a beacon of possibility, a beacon of relief in a world that needs it more than ever," he said.

"You have overcome obstacles and put aside differences to pave the way for an initiative that will serve the common interests of all," he said, addressing the Russian and Ukrainian representatives.

In a further statement, Guterres said that the "Black Sea Initiative," would open a path for significant volumes of commercial food exports from three key Ukrainian ports in the Black Sea: Odessa, Chernomorsk and Yuzhny and would also bring relief to developing countries on the edge of bankruptcy and the most vulnerable people at the brink of famine.

"It will help stabilize global food prices which were already at record levels even before the war - a true nightmare for developing countries," Guterres added.

The deal will enable Ukraine to export 22 million tons of grain and other agricultural products that have been stuck in Black Sea ports due to the war.

According to the Washington Post, Ukrainian and Russian military delegations had reached a tentative agreement the previous week on a UN plan that would allow Russia to export its grain and fertilizers.

Notably, the deal will create provisions for the safe passage of ships.


Read more at rediff.com



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