G7 Calls for Extension of Black Sea Grain Initiative

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Credits: REUTERS/Umit Bektas

The Group of Seven (G7) leading economic powers called on April 23 for the “extension, full implementation, and expansion” of a critical deal to export Ukrainian grain through the Black Sea, the group’s agriculture ministers said in a communique.

Brokered by the United Nations and Turkey, the deal was signed in Istanbul last July, allowing Ukraine to export more than 27 million tons of grain from several of its Black Sea ports. Russia, which invaded its neighbor in February 2022, has strongly signaled that it will not allow the deal to continue beyond May 18 because a list of demands to facilitate its own grain and fertilizer exports has not been met.

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Source: Reuters