AIRLINK 197.97 Decreased By ▼ -3.27 (-1.62%)
BOP 10.04 Increased By ▲ 0.07 (0.7%)
CNERGY 7.29 Increased By ▲ 0.40 (5.81%)
FCCL 36.00 Increased By ▲ 0.64 (1.81%)
FFL 16.91 Decreased By ▼ -0.24 (-1.4%)
FLYNG 25.04 Increased By ▲ 0.83 (3.43%)
HUBC 134.03 Decreased By ▼ -4.16 (-3.01%)
HUMNL 14.14 Increased By ▲ 0.07 (0.5%)
KEL 4.78 Decreased By ▼ -0.08 (-1.65%)
KOSM 6.94 Increased By ▲ 0.28 (4.2%)
MLCF 44.98 Decreased By ▼ -1.33 (-2.87%)
OGDC 218.23 Decreased By ▼ -4.31 (-1.94%)
PACE 6.94 Decreased By ▼ -0.12 (-1.7%)
PAEL 41.42 Decreased By ▼ -1.72 (-3.99%)
PIAHCLA 16.86 Decreased By ▼ -0.17 (-1%)
PIBTL 8.46 Decreased By ▼ -0.08 (-0.94%)
POWER 9.39 Increased By ▲ 0.29 (3.19%)
PPL 185.93 Decreased By ▼ -2.83 (-1.5%)
PRL 41.27 Decreased By ▼ -2.00 (-4.62%)
PTC 24.77 Decreased By ▼ -0.58 (-2.29%)
SEARL 104.65 Decreased By ▼ -5.77 (-5.23%)
SILK 1.01 Decreased By ▼ -0.02 (-1.94%)
SSGC 40.91 Decreased By ▼ -1.73 (-4.06%)
SYM 18.05 Decreased By ▼ -0.52 (-2.8%)
TELE 8.91 Decreased By ▼ -0.21 (-2.3%)
TPLP 12.84 Decreased By ▼ -0.84 (-6.14%)
TRG 66.60 Decreased By ▼ -1.56 (-2.29%)
WAVESAPP 11.30 Increased By ▲ 1.03 (10.03%)
WTL 1.78 Decreased By ▼ -0.09 (-4.81%)
YOUW 4.00 Decreased By ▼ -0.01 (-0.25%)
BR100 12,109 No Change 0 (0%)
BR30 36,598 No Change 0 (0%)
KSE100 115,042 No Change 0 (0%)
KSE30 36,200 No Change 0 (0%)

MOSCOW: Russia will replace exports of Ukrainian grain to Africa, President Vladimir Putin said on Monday, after Moscow exited a deal allowing their safe shipment.

“Russia will continue its energetic efforts to provide supplies of grain, food products, fertilisers and other goods to Africa,” Putin said in a statement published on the Kremlin’s website.

“I want to give assurances that our country is capable of replacing the Ukrainian grain both on a commercial and free-of-charge basis.”

Moscow’s military operation blocked Ukraine’s Black Sea ports with warships until a deal brokered by the UN and Turkey and signed in July 2022 allowed for the passage of critical grain shipments.

Earlier this month Russia exited the deal after complaining that a related agreement on allowing the export of Russian food and fertilisers had not been honoured.

Moscow later said it would consider cargo ships travelling to Ukraine through the Black Sea potential military targets.

The African Union has expressed “regret” over Moscow’s decision to end the grain export deal.

Later this week Russia will host the second Russia-Africa Summit and Russia-Africa Economic and Humanitarian Forum, according to the Kremlin.

Putin claims Ukrainian counteroffensive ‘failed’

Humanitarian groups say Africa is heavily reliant on grain from Russia and Ukraine.

The grain deal had enabled the export of more than 32 million tonnes of Ukrainian grain over the last year.

Comments

Comments are closed.