"The agreement on the Grain initiative has been extended for the next 120 days," Deputy Prime Minister for Reconstruction of Ukraine/Minister of Community Development, Territories, and Infrastructure Oleksandr Kubrakov said.

"I am grateful to the UN Secretary General Antonio Guterres and Turkish President Recep Erdogan, and all partners for their joint efforts to extend the document for another 4 months.

This means that Ukraine continues to export its agricultural products through three deep-water sea ports. In particular, from August 1 until today, we have sent 25 million tons of grain for the needs of the world.

At the same time, the main challenge is to speed up vessels inspections in Turkey. This will allow the world to get even more Ukrainian agricultural products. We also continue to work on involving the ports of Mykolaiv region to the grain initiative and expanding the cargo range" wrote Kubrakov on Facebook.

As reported earlier, the Russian Federation has announced that it is willing to extend the Black Sea Grain Initiative for only 60 days when it expires on 18 March.

Turkey’s Minister of National Defense Hulusi Akar later said that his country has initiated negotiations on the extension of the Black Sea Grain Initiative for 120 days in accordance with the initial version of the agreement.