PM felicitates President Erdogan over Ukraine grain deal
Pakistan
PM felicitates President Erdogan over Ukraine grain deal
ISLAMABAD (Dunya News) – Prime Minister Muhammad Shehbaz Sharif Saturday congratulated President of Turkiye Recep Tayyip Erdogan after Russia and Ukraine signed a landmark deal with the United Nations and Turkiye on resuming grain supply to avert a global food crisis that has already affected millions across the globe.
The prime minister, on his Twitter handle said that Ukraine grain deal inked in Istanbul was a historic victory of diplomacy, signifying that all crises could be averted through meaningful engagement.
— Shehbaz Sharif (@CMShehbaz) July 23, 2022
Yesterday, Russian defence minister and Ukrainian infrastructure minister signed agreements separately with the UN and Turkish officials on the reopening of the Black Sea routes.
Both Ukraine and Russia are among the largest exporters of grain in the world. In the wake of the Russian-Ukrainian conflict on February 24, Black Sea supply routes were blocked which saw Ukrainian exports dropping to one-sixth of the pre-war level, thus spiraling grain prices and causing pressure on different world economies.
The deal will pave way for the export of about five million metric tonnes of grain each month.
The deal would avert increasing threats of hunger and food inflation by injecting more wheat, sunflower oil, fertiliser and other products into the global market.
