Turkey Extends Black Sea Grain Corridor Agreement for 120 Days, Receives Thanks from UN

Turkey has extended the Black Sea grain corridor agreement signed between Ukraine and Russia for the transportation of grain and other food products to world markets through the Black Sea. The extension of the agreement for 120 days was met with gratitude from the United Nations, which thanked Turkey for providing diplomatic and operational support to the initiative.

President Recep Tayyip Erdogan expressed his satisfaction with the agreement, stating that Turkey was keen to extend the period of the agreement, which was set to expire on March 19, after negotiations with the parties involved.

The Black Sea grain corridor agreement is crucial for the transportation of food products to world markets, and the extension of the agreement will ensure the continuity of the supply chain. The agreement has been beneficial to Ukraine and Russia, allowing them to export their agricultural produce to global markets, and also to Turkey, which serves as a vital transportation hub for the region.

The UN’s gratitude towards Turkey for its support of the initiative underscores the importance of international cooperation in ensuring the stability of global supply chains. Turkey’s role in facilitating the transportation of goods through the Black Sea has been instrumental in promoting economic development and growth in the region.

The extension of the Black Sea grain corridor agreement is a positive step towards ensuring food security and stability in the global market. It demonstrates Turkey’s commitment to supporting international trade and cooperation, as well as its dedication to promoting economic growth and development in the region.