Ukraine wheat exports

Turkey to open port for “war” grain from Ukraine

Turkey will open a new joint transport coordination center in Istanbul tomorrow to monitor Ukraine’s grain exports. This happens only four days after a Russian missile attack on the port of Odessa threatened to upset a UN-mediated transaction to ship millions of tonnes of grain from the war zone.

The Turkish Ministry of Defense, which has signed agreements with the United Nations, Russia and Ukraine, said the center opening ceremony will be held at the National Defense University. The Center will be staffed by all four overseeing ships across the Black Sea to Turkey’s Bosphorus Strait and the World Market. “We have reached an agreement to set up a coordination center with representatives from all sides to conduct joint inspections to inspect the grain in the port,” said Defense Minister Hulusi Akar. “It will ensure the safety of vessels on the transport route.”

The new dispatch center is part of a groundbreaking agreement signed by Moscow and Kieu on Friday and mediated by the United Nations and Turkey. It has been welcomed as a breakthrough after nearly five months of fierce battles since Russia invaded its neighbors. It is seen as important to stop rising global food prices by allowing grain exports to be shipped from Black Sea ports.

Trading was jeopardized when a Russian missile struck Odessa, Ukraine’s main grain export port, on Saturday, but Ukraine may still have plans to resume trading and grain exports yesterday. I hinted at something. Moscow said it had only affected military infrastructure, dispelling concerns that Russia’s missile attacks could disrupt transactions. It has not yet been shown when exports will begin or when insurance issues will be resolved.

Related article: Wheat export deal reached between Russia and Ukraine

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Source: GCaptain

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