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Reuters
Reuters
Business

Turkey says Black Sea grain deal extension nearing

Black Sea Hulusi Akar Turkey United Nations Istanbul Russia
FILE PHOTO: Palau flagged bulker MKK1, carrying grain under UN’s Black Sea grain initiative, is towed free after running aground in Istanbul's Bosphorus, Turkey January 16, 2023. REUTERS/Mehmet Emin Caliskan

Parties to the Black Sea grain pact are nearing a deal to extend it after talks between Ukrainian, Russian, Turkish and United Nations officials, Turkey's Defence Minister Hulusi Akar said.

Russia has threatened to quit the agreement on May 18 over obstacles to its grain and fertilizer exports and the four parties discussed U.N. proposals to extend the deal on Thursday.

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