Nov 17, 2022
By Jeremy Logan
According to the United Nations and other parties to the deal, a wartime agreement that allowed grain shipments from Ukraine to resume and helped temper global food prices will be extended by 120 days.
To address Russian and Ukrainian concerns that cargo ships travelling off Ukraine’s southern coast might carry weapons or launch attacks, the initiative established a safe shipping corridor in the Black Sea and inspection procedures.
The agreement signed by Ukraine and Russia in separate agreements with the United Nations and Turkey on July 22 was set to expire on Saturday.
Russia confirmed the extension on Thursday, but stated that it expected progress in removing barriers to Russian food and fertilizer exports.
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