Erdogan Says Black Sea Grain Deal Extended for Two Months

Vessels, carrying grain under UN's Black Sea Grain Initiative, wait for inspection in the southern anchorage of Istanbul, Türkiye 12, 2023. REUTERS/Yoruk Isik
Vessels, carrying grain under UN's Black Sea Grain Initiative, wait for inspection in the southern anchorage of Istanbul, Türkiye 12, 2023. REUTERS/Yoruk Isik
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Erdogan Says Black Sea Grain Deal Extended for Two Months

Vessels, carrying grain under UN's Black Sea Grain Initiative, wait for inspection in the southern anchorage of Istanbul, Türkiye 12, 2023. REUTERS/Yoruk Isik
Vessels, carrying grain under UN's Black Sea Grain Initiative, wait for inspection in the southern anchorage of Istanbul, Türkiye 12, 2023. REUTERS/Yoruk Isik

The Ukraine Black Sea grain deal has been extended for two more month, Turkish President Recep Tayyip Erdogan said on Wednesday, one day before Russia could have quit the pact over obstacles to its grain and fertilizer exports.

The flow of ships through the corridor had been grinding to a halt during the last few days with the deal apparently set to expire on Thursday.

Earlier on Wednesday, the last remaining ship registered to travel through the corridor had left a Ukrainian port.

UN data showed that the DSM Capella had left the Ukrainian port of Chornomorsk carrying 30,000 tons of corn and was on its way to Türkiye.

"The Black Sea grain corridor deal has been extended by two months with the efforts of Türkiye," Erdogan said in a televised speech, also thanking the Russian and Ukrainian leaders and UN Secretary General Antonio Guterres for their help.

A spokeswoman for Russia's Foreign Ministry said they would be commenting later on the reported extension.

The United Nations and Türkiye brokered the Black Sea deal for an initial 120 days in July last year to help tackle a global food crisis that has been aggravated by Moscow's invasion of Ukraine, one of the world's leading grain exporters.

Moscow agreed to extend the Black Sea pact for a further 120 days in November, but then in March it agreed to a 60 day extension - until May 18 - unless a list of demands regarding its own agricultural exports was met.

'Open questions'

To convince Russia in July to allow Black Sea grain exports, the United Nations agreed at the same time to help Moscow with its own agricultural shipments for three years.

"There are still a lot of open questions regarding our part of the deal. Now a decision will have to be taken," Kremlin spokesman Dmitry Peskov told reporters on Tuesday.

Asked on Wednesday about how the talks were progressing, Peskov told a briefing he would not enter into "hypothetical discussions" on what Russia would do if the grain deal lapsed.

Senior officials from Russia, Ukraine, Türkiye and the UN met in Istanbul last week to discuss the Black Sea pact.

Turkish Foreign Minister Mevlut Cavusoglu said last week he thought the deal could be extended for at least two more months.

While Russian exports of food and fertilizer are not subject to Western sanctions imposed following the February 2022 invasion of Ukraine, Moscow says restrictions on payments, logistics and insurance have amounted to a barrier to shipments.

The United States has rejected Russia's complaints. US Ambassador to the UN Linda Thomas-Greenfield said last week: "It is exporting grain and fertilizer at the same levels, if not higher, than before the full-scale invasion."

Officials from Russia, Ukraine, Türkiye and the UN make up a Joint Coordination Center (JCC) in Istanbul, which implements the Black Sea export deal. They authorize and inspect ships. No new vessels have been authorized by the JCC since May 4.

Authorized ships are inspected by JCC officials near Türkiye before travelling to a Ukrainian Black Sea port via a maritime humanitarian corridor to collect their cargo and return to Turkish waters for a final inspection.

In an excerpt of a letter seen by Reuters last month, Russia told its JCC counterparts that it would not approve any new vessels to take part in the Black Sea deal unless the transits would be done by May 18 - "the expected date of ... closure".

It said this was "to avoid commercial losses and prevent possible safety risks" after May 18.

Some 30.3 million tons of grain and foodstuffs has been exported from Ukraine under the Black Sea deal, including 625,000 tons in World Food Program vessels for aid operations in Afghanistan, Ethiopia, Kenya, Somalia, and Yemen.



Ukraine Will Send Team to US Next Week for Talks on New Draft Mineral Deal

Yuliia Svyrydenko, Ukraine's Minister of Economy answers on journalists questions during an interview with The Associated Press in Kyiv, Ukraine, Jan. 16, 2025. (AP)
Yuliia Svyrydenko, Ukraine's Minister of Economy answers on journalists questions during an interview with The Associated Press in Kyiv, Ukraine, Jan. 16, 2025. (AP)
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Ukraine Will Send Team to US Next Week for Talks on New Draft Mineral Deal

Yuliia Svyrydenko, Ukraine's Minister of Economy answers on journalists questions during an interview with The Associated Press in Kyiv, Ukraine, Jan. 16, 2025. (AP)
Yuliia Svyrydenko, Ukraine's Minister of Economy answers on journalists questions during an interview with The Associated Press in Kyiv, Ukraine, Jan. 16, 2025. (AP)

Ukraine will send a team to Washington next week to begin negotiations on a new draft of a deal that would give the US access to Ukraine’s valuable mineral resources, Economy Minister Yuliia Svyrydenko told The Associated Press.

“The new draft agreement from the US shows that the intention to create a fund or jointly invest remains,” Svyrydenko said Saturday, during a trip to northern Ukraine.

The delegation from Kyiv will include representatives from the Ministries of Economy, Foreign Affairs, Justice and Finance.

The long-running negotiations over a mineral deal have already strained relations between Kyiv and Washington. The two sides had been preparing in February to sign a framework agreement but the plan was derailed following a contentious meeting in the Oval Office between US President Donald Trump, Vice President JD Vance and Ukrainian President Volodymyr Zelenskyy.

After some Ukrainian lawmakers leaked the new draft, critics slammed it as little more than an attempt to strip Kyiv of control over its own natural resources and infrastructure. According to the leaked document, the new draft includes not only rare-earth minerals but gas and oil.

Ukraine holds significant deposits of more than 20 minerals deemed strategically critical by the US, including titanium, which is used to make aircraft wings, lithium, key to several battery technologies, and uranium, used in nuclear power.

New draft only gives the US side of the deal Despite the disruption following the Oval Office meeting, Ukrainian officials showed interest in signing the framework deal at any time, seeing it as an important step to win the favor of President Donald Trump and shore up US backing in the war against Russia’s full-scale invasion.

After weeks of silence on the status of the deal, the US sent a new draft to Kyiv, which goes further than the original framework.

It’s unclear why the US chose to bypass the signing of the framework deal and instead moved forward with a more comprehensive draft agreement, which would likely require ratification by Ukraine’s parliament.

However, Ukrainian officials have been cautious about commenting on the contents of the draft, stressing that it currently reflects only one side’s position.

“What we have now is a document that reflects the position of the US Treasury legal team,” said Svyrydenko. “This is not a final version, it’s not a joint position.”

She said that Ukraine’s task now is to assemble a technical team for negotiations, define its red lines and core principles, and send a delegation to Washington for technical talks as early as next week.

“It’s clear that the full parameters of this agreement can’t be discussed online,” Svyrydenko said. “We need to sit down with the teams and continue the conversation in person.”

Legal, investment, and financial advisers are being selected, she said.

“This marks a new stage in relations with the United States — one that requires expertise across multiple areas,” she said. “Ultimately, everything will be decided through the course of negotiations.”

Ukraine seeks terms acceptable to both sides

Svyrydenko declined to elaborate publicly on Ukraine’s official evaluation of the new draft, but noted that there is now a more detailed document outlining the fund’s creation. And while the initial draft focused primarily on the intention to establish the fund, Svyrydenko said the latest version lays out how American advisers envision its structure and operation.

It remains unclear what role Ukraine would play in managing the fund under the newly proposed US draft. However, analysts who reviewed the leaked document said Kyiv’s involvement would likely be minimal — a point Ukraine hopes to challenge in upcoming negotiations, using the previously agreed framework as its reference.

A previous version of the framework agreement, obtained by The Associated Press, outlined plans for a jointly owned and managed investment fund between the United States and Ukraine, intended to support the reconstruction of Ukraine’s war-torn economy.

Under the terms, Ukraine would allocate 50% of future revenues generated from key national assets — including minerals, hydrocarbons, oil, natural gas, and other extractable resources — to the fund.

The framework agreement, which was never signed, stated that revenues from its natural resources would go into the fund and be used for the reconstruction of the country, not that ownership or control of those resources would be transferred to the United States.

“We’re very focused on ensuring that the final draft of the agreement, after negotiations, fully aligns with our strategic interests,” Svyrydenko said. “I believe the work on the previous memorandum showed that both teams are capable of reaching these goals and agreeing on terms acceptable to both sides.”