{"id":279980,"date":"2023-07-18T08:24:23","date_gmt":"2023-07-18T07:24:23","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=279980"},"modified":"2023-07-18T08:24:23","modified_gmt":"2023-07-18T07:24:23","slug":"okonjo-iweala-reacts-to-ukraine-grain-deal-collapse","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2023\/07\/18\/okonjo-iweala-reacts-to-ukraine-grain-deal-collapse\/","title":{"rendered":"Okonjo-Iweala reacts to Ukraine grain deal collapse"},"content":{"rendered":"<ul>\n<li><strong>Russia decision to halt its participation in the Black Sea Grain Initiative disappointing &#8211; Okonjo Iweala<\/strong><\/li>\n<li><strong>The initiative was established in\u00a0July 2022 to abate a global food crisis after Russia invaded Ukraine<\/strong><\/li>\n<\/ul>\n<p>The director-general of the World Trade Organisation (WTO), Ngozi Okonjo-Iweala has stated that she is disappointed at Russia&#8217;s decision to halt its participation in the Black Sea Grain Initiative.<\/p>\n<p>This was made known via a tweet on Monday by the former Minister of finance.<\/p>\n<p>Recall that<span class=\"acssf62a8\">\u00a0Russia said it <\/span>would no longer cooperate with a deal that allowed the safe Black Sea export of Ukraine\u2019s <a href=\"https:\/\/www.withinnigeria.com\/news\/2023\/07\/17\/nigerias-inflation-hits-22-79-as-food-prices-rise\/\">grain<\/a>.<\/p>\n<p>The deal, known as the Black Sea Grain Initiative, was brokered by the United Nations and Turkey.<\/p>\n<p>The initiative was established in\u00a0July 2022 to abate a global food crisis after Russia invaded Ukraine \u2014 a neighboring country and fellow key grain exporter.<\/p>\n<p>The deal allowed for commercial food and fertilizer (including ammonia) exports from three key Ukrainian ports in the Black Sea \u2013 Odesa, Chornomorsk, Yuzhny\/Pivdennyi.<\/p>\n<p><span class=\"acssf62a8\">\u201cThe Black Sea agreements ceased to be valid today. As the President of the Russian Federation said earlier, the deadline is July 17. Unfortunately, the part relating to <a href=\"https:\/\/www.withinnigeria.com\/news\/2023\/06\/11\/russia-detains-us-citizen-on-drug-trafficking-charges\/\">Russia<\/a> in this Black Sea agreement has not been implemented so far. Therefore, its effect is terminated,\u201d Dmitry Peskov, spokesperson of Russian President Vladimir Putin, told journalists.<\/span><\/p>\n<p><span class=\"acssf62a8\">Reacting to the development, Okonjo-Iweala said the stoppage of the deal would be felt most severely by poor countries.<\/span><\/p>\n<p><span class=\"acssf62a8\">\u201cDeeply disappointed at the termination of the Black Sea Grain Initiative and the interruption of the grain trade from Ukraine. I share UN SG at antonioguterres\u2019 regret and concern,\u201d she tweeted.\u00a0<\/span><\/p>\n<p><span class=\"acssf62a8\">\u201cBlack Sea trade in food, feed &amp; fertilizer is critical to the stability of global food prices. Sad to say that poor people &amp; poor countries are hardest hit. Let\u2019s keep hope alive on renewal.\u201d<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Deeply disappointed at the termination of the Black Sea Grain Initiative &amp; the interruption of the grain trade from Ukraine. I share UN SG <a href=\"https:\/\/twitter.com\/antonioguterres?ref_src=twsrc%5Etfw\">@antonioguterres<\/a>\u2019 regret &amp; concern. Black Sea trade in food, feed &amp; fertilizer is critical to the stability of global food prices. Sad to say\u2026<\/p>\n<p>&mdash; Ngozi Okonjo-Iweala (@NOIweala) <a href=\"https:\/\/twitter.com\/NOIweala\/status\/1680975199691329537?ref_src=twsrc%5Etfw\">July 17, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Russia decision to halt its participation in the Black Sea Grain Initiative disappointing &#8211; Okonjo Iweala The initiative was established in\u00a0July 2022 to abate a global food crisis after Russia invaded Ukraine The director-general of the World Trade Organisation (WTO), Ngozi Okonjo-Iweala has stated that she is disappointed at Russia&#8217;s decision to halt its participation [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":61334,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"2","single_blog_custom":"211693","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_share_counter":"1","show_view_counter":"0","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"1","post_reading_time_wpm":"300","show_zoom_button":"1","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"0","show_prev_next_post":"0","show_popup_post":"0","number_popup_post":"1","show_author_box":"0","show_post_related":"0","show_inline_post_related":"1"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored by","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo_enable":"0","sponsored_post_logo":"","sponsored_post_desc":"","disable_ad":"0"},"jnews_primary_category":{"id":"","hide":""},"jnews_override_bookmark_settings":{"override_bookmark_button":"0","override_show_bookmark_button":"0"},"jnews_override_counter":{"override_view_counter":"0","view_counter_number":"0","override_share_counter":"0","share_counter_number":"0","override_like_counter":"0","like_counter_number":"0","override_dislike_counter":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[37],"tags":[68300,5299,68299,2923,5298],"class_list":["post-279980","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world","tag-black-sea-grain-initiative","tag-ngozi-okonjo-iweala","tag-poor-countries","tag-russia","tag-world-trade-organisation"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - 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