Black Sea Grain Deal extended -Turkey's Erdogan

STORY: A deal allowing the export of Ukrainian grain from Black Sea ports that was due to expire on Saturday has been renewed.

It follows days of talks brokered by Turkey to extend the agreement.

Turkey's President Tayyip Erdogan announced the renewal on Saturday, but he did not disclose how long the extension period was for.

Moscow said it would not object to the deal being extended by 60 days, while a Ukrainian official said the parties agreed to 120 days.

The pact was brokered with Russia and Ukraine by the United Nations and Turkey in July - and renewed for a further 120 days in November.

It was designed to combat a global food crisis that was fueled in part by Russia's invasion of Ukraine in February last year and a Black Sea blockade.

The U.N. said the deal had allowed the supply of 25 million tonnes of grain and foodstuffs during its first two terms, helping to bring down global food prices and stabilize markets.