Russia will allow the export of Ukrainian grain from the Black Sea for another 60 days, warning that any further extension beyond then would depend on the removal of Western sanctions.
Russia blockaded Ukrainian ports for five months last year, causing major disruptions and global prices soaring.
But an initiative agreed in July with the help of the UN and Turkey has since enabled it to export 25 million tonnes of grain and edible oils.
The United Nations and Turkey said on Saturday that the deal had been extended, but did not specify for how long. Ukraine said it had been extended for 120 days. But Russia’s cooperation is needed and Moscow only agreed to renew the pact for 60 days.
“The Black Sea Grain Initiative, alongside the Memorandum of Understanding on promoting Russian food products and fertilizers to the world markets, are critical for global food security, especially for developing countries,” UN spokesman Stephane Dujarric said.
On Friday Russia’s UN Ambassador, Vassily Nebenzia, said that the European Union, the United States and the UK now “have two months to exempt from their sanctions the entire chain of operations which accompany the Russian agricultural sector,” if they want the Ukraine Black Sea grain deal to continue.