A landmark agricultural deal that guarantees food security for tens of millions is set to expire on Monday as Russia debates its renewal

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A landmark agricultural deal that guarantees food security for tens of millions is set to expire on Monday as Russia debates its renewal
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Russia has yet to decide if it will extend the terms of the Black Sea Grain Initiative, which is set to expire on Monday.

Under the deal, more than 1,000 ships carrying nearly 33 million metric tons of agricultural products have departed from Ukrainian ports.

Moscow maintains that the current agreement only supports Ukrainian agricultural products and not Russian fertilizer exports which are also included in the deal but have yet to depart for global destinations. A Ukrainian serviceman stands in front of silos of grain from Odesa Black Sea port, before the shipment of grain as the government of Ukraine awaits signal from UN and Turkey to start grain shipments, amid Russia's invasion of Ukraine, in Odesa, Ukraine July 29, 2022. REUTERS/Nacho DoceBefore Russian troops poured over Ukraine's borders in late February 2022, Kyiv and Moscow accounted for almost a quarter of global grain exports.

The U.N.-backed organization responsible for tracking exports under the deal said in an update on Saturday that for nearly three months, no ships have sailed from Ukraine's port of Yuzhny-Pivdennyi. What's more, no new vessels have been approved to depart Ukraine for the past two weeks.Russian President Vladimir Putin and Moscow's top diplomat Sergei Lavrov both blamed the West for creating global insecurity and instability.

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