AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 129.06 Decreased By ▼ -0.47 (-0.36%)
BOP 6.75 Increased By ▲ 0.07 (1.05%)
CNERGY 4.49 Decreased By ▼ -0.14 (-3.02%)
DCL 8.55 Decreased By ▼ -0.39 (-4.36%)
DFML 40.82 Decreased By ▼ -0.87 (-2.09%)
DGKC 80.96 Decreased By ▼ -2.81 (-3.35%)
FCCL 32.77 No Change ▼ 0.00 (0%)
FFBL 74.43 Decreased By ▼ -1.04 (-1.38%)
FFL 11.74 Increased By ▲ 0.27 (2.35%)
HUBC 109.58 Decreased By ▼ -0.97 (-0.88%)
HUMNL 13.75 Decreased By ▼ -0.81 (-5.56%)
KEL 5.31 Decreased By ▼ -0.08 (-1.48%)
KOSM 7.72 Decreased By ▼ -0.68 (-8.1%)
MLCF 38.60 Decreased By ▼ -1.19 (-2.99%)
NBP 63.51 Increased By ▲ 3.22 (5.34%)
OGDC 194.69 Decreased By ▼ -4.97 (-2.49%)
PAEL 25.71 Decreased By ▼ -0.94 (-3.53%)
PIBTL 7.39 Decreased By ▼ -0.27 (-3.52%)
PPL 155.45 Decreased By ▼ -2.47 (-1.56%)
PRL 25.79 Decreased By ▼ -0.94 (-3.52%)
PTC 17.50 Decreased By ▼ -0.96 (-5.2%)
SEARL 78.65 Decreased By ▼ -3.79 (-4.6%)
TELE 7.86 Decreased By ▼ -0.45 (-5.42%)
TOMCL 33.73 Decreased By ▼ -0.78 (-2.26%)
TPLP 8.40 Decreased By ▼ -0.66 (-7.28%)
TREET 16.27 Decreased By ▼ -1.20 (-6.87%)
TRG 58.22 Decreased By ▼ -3.10 (-5.06%)
UNITY 27.49 Increased By ▲ 0.06 (0.22%)
WTL 1.39 Increased By ▲ 0.01 (0.72%)
BR100 10,445 Increased By 38.5 (0.37%)
BR30 31,189 Decreased By -523.9 (-1.65%)
KSE100 97,798 Increased By 469.8 (0.48%)
KSE30 30,481 Increased By 288.3 (0.95%)
World

Reviving Ukraine grain deal ‘critical’ for food security: Turkiye

Published August 31, 2023
Russian Foreign Minister Sergei Lavrov and his Turkish counterpart Hakan Fidan hold a joint press conference following their talks in Moscow on August 31, 2023. Photo: AFP
Russian Foreign Minister Sergei Lavrov and his Turkish counterpart Hakan Fidan hold a joint press conference following their talks in Moscow on August 31, 2023. Photo: AFP

MOSCOW: Turkiye’s foreign minister said on a visit to Moscow on Thursday that reviving a deal to ship Ukrainian grain across the Black Sea was “critical” for food security.

“We underlined its critical role for global food security and stability in the Black Sea,” Turkish Foreign Minister Hakan Fidan said during a joint media appearance with his Russian counterpart Sergei Lavrov.

Fidan was in Moscow to prepare an informal summit between Turkish President Recep Tayyip Erdogan and Vladimir Putin in Russia’s Black Sea resort city of Sochi, expected for next week.

Turkish foreign minister to visit Russia on Thursday

Russia pulled out last month from the UN-backed grain agreement that Turkiye helped broker.

Both Ukraine and Russia have since laid plans to start shipping grain outside the framework of the deal.

Turkiye wants the warring sides to return to the agreement and use it as a basis for broader peace talks.

“I reiterated our belief that revitalising the initiative will restore stability,” Fidan said.

Moscow says the previous agreement imposed indirect restrictions on its grain and fertiliser exports by limiting Russia’s access to global payment systems and insurance.

Lavrov repeated Russia’s longstanding position that it will return to the deal once its demands are met.

Fidan said that Turkiye wanted to begin a “process focused on understanding and answering Russia’s demands”.

The agreement helped Ukraine export more than 30 million tonnes of grain and foodstuffs in the year it remained in effect.

This helped push down global food prices that soared in the wake of Russia’s military operation in Ukraine and ease levels of hunger in Africa and parts of the Middle East.

Comments

Comments are closed.