The UN announced the extension of the Black Sea grain agreement
Gutersch said that all parties support the decision
United Nations Secretary General Antonio Guterres announced the extension of the Black Sea grain agreement on November 17.
It’s all parties of Ukraine from southern Black Sea ports village welcomed the agreement on the extension of the grain agreement signed to facilitate the export of agricultural products said.
A protected maritime transit corridor was created based on the agreement reached in July. It is a major grain and oilseed producer of Ukraine designed to ease global food shortages by allowing exports from its three ports to resume.
Russian Foreign Minister Lavrov and UNSecretary General Guterres met within the framework of the G20 summit held in Bali.
“I welcome the agreement of all parties to continue the Black Sea grain initiative to facilitate the safe navigation of grain, food and fertilizer exports from Ukraine,” – UNSecretary General Antonio Guterres said in a statement issued on November 17.
Guterres said that UN too Russia It is fully committed to removing obstacles to food and fertilizer exports from the Federation.
About 11.1 million tons since July village agricultural products, including 4.5 million tons of corn and 3.2 million tons of wheat, were transported.
Wheat at the Chicago Board of Trade prices 8.04, down 1.6% dollars/bushel, corn prices and fell 0.7% to 6.60-1/2 dollars/ bushel fell after the news that the agreement with the benchmark contract will be extended.
A drop in shipments from Ukraine following Russia’s February invasion has played a role in this year’s global food price crisis, but the COVID-19 pandemic and both Argentina and USAThere are other important factors, including ongoing climate shocks such as drought.