AGL 38.74 Increased By ▲ 0.18 (0.47%)
AIRLINK 213.55 Increased By ▲ 5.78 (2.78%)
BOP 10.00 Decreased By ▼ -0.06 (-0.6%)
CNERGY 6.66 Decreased By ▼ -0.42 (-5.93%)
DCL 9.75 Decreased By ▼ -0.24 (-2.4%)
DFML 40.35 Decreased By ▼ -0.79 (-1.92%)
DGKC 101.25 Decreased By ▼ -2.21 (-2.14%)
FCCL 35.99 Decreased By ▼ -0.36 (-0.99%)
FFBL 88.00 Decreased By ▼ -3.59 (-3.92%)
FFL 14.17 Decreased By ▼ -0.43 (-2.95%)
HUBC 136.25 Decreased By ▼ -3.18 (-2.28%)
HUMNL 13.95 Decreased By ▼ -0.15 (-1.06%)
KEL 5.75 Decreased By ▼ -0.22 (-3.69%)
KOSM 7.36 Decreased By ▼ -0.50 (-6.36%)
MLCF 46.50 Decreased By ▼ -0.78 (-1.65%)
NBP 66.38 Decreased By ▼ -7.38 (-10.01%)
OGDC 221.11 Decreased By ▼ -1.55 (-0.7%)
PAEL 38.60 Increased By ▲ 0.49 (1.29%)
PIBTL 8.99 Decreased By ▼ -0.28 (-3.02%)
PPL 200.30 Decreased By ▼ -5.55 (-2.7%)
PRL 39.50 Decreased By ▼ -0.35 (-0.88%)
PTC 26.20 Decreased By ▼ -0.42 (-1.58%)
SEARL 105.50 Decreased By ▼ -4.74 (-4.3%)
TELE 9.13 Decreased By ▼ -0.10 (-1.08%)
TOMCL 38.00 Decreased By ▼ -0.21 (-0.55%)
TPLP 13.80 Increased By ▲ 0.03 (0.22%)
TREET 25.88 Decreased By ▼ -0.57 (-2.16%)
TRG 59.20 Decreased By ▼ -1.34 (-2.21%)
UNITY 33.75 Decreased By ▼ -0.39 (-1.14%)
WTL 1.75 Decreased By ▼ -0.13 (-6.91%)
BR100 12,086 Decreased By -213.1 (-1.73%)
BR30 37,908 Decreased By -969.4 (-2.49%)
KSE100 112,908 Decreased By -1952.7 (-1.7%)
KSE30 35,533 Decreased By -663.5 (-1.83%)

ISTANBUL: Russian fertilisers and agricultural products must be able to reach world markets “unimpeded” or a global food crisis could strike as early as next year, UN Secretary General Antonio Guterres said Saturday. “It is important that all governments and the private sector cooperate to bring them to market,” he said from the Joint Coordination Center (JCC).

The JCC oversees the implementation of the Ukrainian grain export agreement signed in July by Kyiv and Moscow with the UN and Turkey as guarantors. The agreement also guarantees Russia the right to export its agricultural products and fertilisers despite Western sanctions.

“What we see here in Istanbul and in Odessa is only the more visible part of the solution. The other part of this package deal is the unimpeded access to the global markets of Russian food and fertiliser, which are not subject to sanctions,” Guterres said, adding that despite this, Russian fertiliser and agricultural exports still faced “obstacles.”

“Without fertiliser in 2022, there may not be enough food in 2023. Getting more food and fertiliser out of Ukraine and Russia is crucial to further calm commodity markets and lower prices for consumers,” he said. Guterres travelled this week to Ukraine, where he met with the presidents of Ukraine and Turkey, Volodymyr Zelensky and Recep Tayyip Erdogan, in the western city of Lviv Thursday.

Two more grain ships leave Ukraine, Turkey’s defence ministry says

He headed to the southern city of Odessa on Friday. Earlier Saturday, he visited the first aid ship chartered by the United Nations to transport Ukrainian grain on the southern shores of Istanbul in the Sea of Marmara. The Brave Commander left the Ukrainian port of Pivdenny on Tuesday with 23,000 tonnes of wheat before crossing the Bosphorus on Wednesday evening.

The UN chief vowed Thursday that his organisation would try to “step up” grain exports from Ukraine before the onset of winter, which are crucial for food supplies in many African countries. Under the agreement signed in July, 650,000 tons of Ukrainian grain and agricultural products have left the Ukrainian ports of Odessa, Chornomorsk and Pivdenny since August 1.

Ships must use a safe corridor to travel in the Black Sea and then be inspected by the JCC before being allowed to cross the Bosphorus Strait. Cereal exports from Ukraine, one of the world’s leading producers and exporters, were blocked for several months due to the Russian invasion, raising fears of a global food crisis.

Comments

Comments are closed.