Ukraine has extended its grain export deal for an additional 120 days, allowing them to continue exporting grains to the European Union. The agreement had initially been set to expire on March 31, 2023, but has now been extended to July 29, 2023.
The extension of the deal is good news for Ukraine, which is one of the world’s top grain exporters. It is also positive for the European Union, which relies heavily on imported grains to meet its food and feed needs.
The extension was agreed upon after negotiations between Ukraine and the EU, and the terms of the deal remain largely the same as they were before. The extension is seen as a temporary solution, with both sides expected to continue negotiating in order to reach a more permanent agreement in the future.
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