Commodities

‘Much more’ needed to relieve backlog in Ukraine-Russia-Turkey export deal -U.N By Stocksak


© Stocksak. FILE PHOTO. Storks stand next to a combine harvesting grain in a field near Zghurivka. The incident occurred amid Russia’s attack in Ukraine on August 9, 2022. REUTERS/Viacheslav Musiienko

ANKARA (Stocksak), Monday, U.N. spokesperson stated that more must be done to clear the backlog of more 150 ships involved in a Black Sea grain export deal. Ukraine, Russia and Turkey had all acknowledged the problem.

“There are over 150 vessels awaiting to move around Istanbul, and these delays have potential to cause disruptions in the supply chain and port operations,” stated Ismini Palla (UN spokesperson for the Black Sea Grain Initiative).

The July agreement, which was brokered jointly by Turkey and the United Nations, allowed Ukraine to resume grain imports from Black Sea ports that had been closed since Russia invaded. Moscow also received guarantees for its grain and fertiliser exports.

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