AGL 37.75 Increased By ▲ 0.25 (0.67%)
AIRLINK 218.16 Decreased By ▼ -4.73 (-2.12%)
BOP 10.96 Increased By ▲ 0.14 (1.29%)
CNERGY 7.29 Decreased By ▼ -0.27 (-3.57%)
DCL 9.10 Decreased By ▼ -0.32 (-3.4%)
DFML 40.50 Decreased By ▼ -0.46 (-1.12%)
DGKC 102.54 Decreased By ▼ -4.22 (-3.95%)
FCCL 34.80 Decreased By ▼ -2.27 (-6.12%)
FFL 19.32 Increased By ▲ 0.08 (0.42%)
HASCOL 12.88 Decreased By ▼ -0.30 (-2.28%)
HUBC 131.75 Decreased By ▼ -0.89 (-0.67%)
HUMNL 14.55 Decreased By ▼ -0.18 (-1.22%)
KEL 5.16 Decreased By ▼ -0.24 (-4.44%)
KOSM 7.49 Increased By ▲ 0.01 (0.13%)
MLCF 45.70 Decreased By ▼ -2.48 (-5.15%)
NBP 66.01 Decreased By ▼ -0.28 (-0.42%)
OGDC 221.50 Decreased By ▼ -1.76 (-0.79%)
PAEL 43.90 Increased By ▲ 0.40 (0.92%)
PIBTL 8.95 Decreased By ▼ -0.12 (-1.32%)
PPL 193.20 Decreased By ▼ -5.04 (-2.54%)
PRL 41.50 Decreased By ▼ -0.74 (-1.75%)
PTC 26.80 Decreased By ▼ -0.59 (-2.15%)
SEARL 108.00 Decreased By ▼ -2.08 (-1.89%)
TELE 10.29 Decreased By ▼ -0.23 (-2.19%)
TOMCL 35.90 Decreased By ▼ -0.72 (-1.97%)
TPLP 14.45 Decreased By ▼ -0.50 (-3.34%)
TREET 26.40 Decreased By ▼ -0.13 (-0.49%)
TRG 67.55 Decreased By ▼ -1.30 (-1.89%)
UNITY 33.45 Decreased By ▼ -0.74 (-2.16%)
WTL 1.70 Decreased By ▼ -0.09 (-5.03%)
BR100 12,397 Increased By 33.3 (0.27%)
BR30 37,347 Decreased By -871.2 (-2.28%)
KSE100 117,587 Increased By 467.3 (0.4%)
KSE30 37,065 Increased By 128 (0.35%)

KYIV: Ukraine has alternative ways of transporting grain if a deal on safe Black Sea exports is not extended on May 18, and would not see that outcome as an “apocalyptic scenario”, its agriculture minister said.

Ukrainian Black Sea ports were blockaded after Russia’s invasion last year, but access to three of them was cleared last July under a deal between Moscow and Kyiv that was brokered by the United Nations and Turkey.

Moscow has threatened to quit the agreement on May 18 unless a list of demands is met to remove obstacles to Russia’s own grain and fertiliser exports.

“We do not envisage any apocalyptic scenario due to a million circumstances. Ukrainian farmers and Ukrainian traders have shown that they can do a lot, and a lot of (export) routes can be laid,” Agriculture Minister Mykola Solsky was quoted by his ministry as saying late on Monday.

“There are several scenarios that will be involved in the worst-case scenarios,” he said, giving no more details.

Wheat, corn rise on concern about Ukraine shipping deal

The United Nations said on Monday that so far nearly 30 million metric tonnes of grain and foodstuffs had been exported from Ukraine under the Black Sea deal, including nearly 600,000 metric tonnes of grain in World Food Programme vessels for aid operations in Afghanistan, Ethiopia, Kenya, Somalia, and Yemen.

Russia’s state-owned RIA news agency quoted Russian Deputy Foreign Minister Sergei Vershinin as saying a high-level four-way meeting on the Black Sea grain deal would take place in Istanbul on May 10-11.

Ukraine also exports grain via Danube River ports and has said previously that what is known as the Danube Cluster offers a viable alternative export route.

Comments

Comments are closed.