NVDA gained a massive 197% since our AI first added it in November - is it time to sell? 🤔Read more

Reaction to Ukraine, Russia grain export deal

Published 22/07/2022, 17:28
© Reuters. U.N. Secretary-General Antonio Guterres speaks during a signing ceremony in Istanbul, Turkey July 22, 2022. REUTERS/Umit Bektas
GBRC
-

(Reuters) - Russia and Ukraine signed a landmark deal on Friday to reopen Ukrainian Black Sea ports for grain exports, raising hopes that an international food crisis aggravated by the Russian invasion can be eased.

MERCY CORPS CHIEF EXECUTIVE OFFICER TJADA D'OYEN MCKENNA

"If respected and enacted in good faith, today’s deal to protect Ukrainian grain exports through the Black Sea will help ease grain shortages, but let's be clear - this will not end or significantly alter the trajectory of the worsening global food crisis." 

"Today's global food catastrophe goes far beyond the 20 million tons of grain that have been stuck in Ukraine. Spiking fuel prices are driving up the cost of staple goods across nearly every country where we work."

EUROPEAN UNION FOREIGN POLICY CHIEF JOSEP BORRELL

"Russia's illegal invasion of Ukraine has left millions at risk of hunger. Today's Istanbul agreement is a step in the right direction. We call for its swift implementation."

KITACK LIM, SECRETARY-GENERAL OF THE INTERNATIONAL MARITIME ORGANIZATION, THE U.N.'S SHIPPING AGENCY

"I am very pleased that all parties have reached agreement on the way forward for ships to safely transport much-needed grain and other commodities through the Black Sea..."

"The safety of ships and seafarers remains my top priority. IMO instruments, including the International Ship and Port Facilities Security (ISPS) Code, underpin this agreement for safe and secure shipping through the Black Sea."

RUSSIAN DEFENCE MINISTER SERGEI SHOIGU

"Russia has taken on the obligations that are clearly spelled out in this document. We will not take advantage of the fact that the ports will be cleared and opened. We have made this commitment."

GUY PLATTEN, SECRETARY GENERAL OF THE INTERNATIONAL CHAMBER OF SHIPPING (ICS)

"This is a long-needed breakthrough for the millions of people who rely on the safe passage of grain to survive. But although this is an important step, lots of work remains to be done.

"Ensuring crew safety will be crucial if we are to get this agreement moving quickly. Questions remain over how ships will navigate heavily mined waters, and how we can effectively crew the ships in the region to meet the suggested deadline."

U.N. SECRETARY GENERAL ANTONIO GUTERRES

"Today, there is a beacon on the Black Sea. A beacon of hope..., possibility...and relief in a world that needs it more than ever."

© Reuters. U.N. Secretary-General Antonio Guterres speaks during a signing ceremony in Istanbul, Turkey July 22, 2022. REUTERS/Umit Bektas

CANADIAN PRIME MINISTER JUSTIN TRUDEAU

"The G7 is working closely with partners like Turkey and others to ensure that we can get that grain out of Ukraine and to places around the world where it's needed without putting at risk Ukraine's sovereignty and protection."

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.