The "Initiative on the Safe Transportation of Grain and Foodstuffs from Ukrainian Ports" (the Black Sea Grain Initiative) has been extended for 120 days.
Ukraine’s Minister of Infrastructure Oleksandr Kubrakov announced this in a statement, the CFTS portal reports.
"This decision has just been adopted in Istanbul. The guarantors of the initiative's implementation remain the United Nations and Turkey," the minister said in the statement.
"Ukraine has exported over 11 million tons of agricultural products to 38 countries since 1 August, when the Grain Initiative was launched. This is a significant amount, but it is not enough. The world market cannot replace Ukrainian agricultural products in the near future. However, it is possible to increase the volume of [export of] our food to the world. We have officially submitted to our partners in the initiative a proposal to extend the initiative for at least one year and to include the port of Mykolaiv in it," Kubrakov said.
According to him, Ukraine is currently awaiting a response to this proposal from the partners.
