A high-level delegation from the Russian Federation headed by Deputy Foreign Minister Sergey Vershinin. He met with Martin Griffiths, Under-Secretary-General for Humanitarian Affairs and Emergency Relief Coordinator.
Also with Rebeca Grynspan, Secretary-General of the UN Conference on Trade and Development, today in Geneva.
The discussions centred on the implementation of the two agreements that were signed on July 22, 2022: the Memorandum of Understanding between the Russian Federation.
And the UN to facilitate unhindered exports of food and fertiliser, and the Black Sea Grain Initiative between the Russian Federation, Turkey, Ukraine, and the UN.
According to the UN Secretary-General, the organisation is still steadfastly dedicated to the Black Sea Grain Initiative. Its efforts to make it easier to export Russian food and fertiliser.
After reaching record high levels in March 2022, the FAO Food Price Index has been falling for ten straight months. However evidencing the positive effects of both agreements on world food prices.
The UN takes note of the Russian Federation’s declaration today that the Black Sea Grain Initiative will be extended for 60 days.
The UN will take all necessary steps to maintain the Black Sea Grain Initiative’s credibility and continuity, the UN Secretary-General has reaffirmed.
The UN’s backing of the accords reached in Istanbul is a component of the international response to the worst housing crisis in a generation.
The two agreements have improved the world’s food security by allowing millions of tonnes of grain to access international markets.
24 million MT of grains and over 1,600 safe vessel excursions in the Black Sea have been made possible thanks to the Black Sea Grain. Initiative, with 55% of food exports going to underdeveloped nations.
The continuation of the Black Sea Grain Initiative is essential for ensuring global food security. Because prices and availability of grains and fertiliser have not yet restored to pre-war levels, putting a strain on poorer nations in particular.
