Black Sea Grain Initiative, to Expire 18 March 2023, in Peril

by UN Media Center

The Black Sea Initiative, the U.N. brokered agreement to export Ukrainian grain via the Black Sea ports is due to expire on Saturday the 18th of March, 2023.  As of 14 March, there was a proposal by the Russians, to shorten the extension from 120 days  to 60 days.  The Ukrainians counter that this would need an amendment to the agreement which had stipulated 120 days as the minimum extension.   The news of this issue had already caused grain prices to rise on international markets

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