Russia is not against extending the Black Sea grain agreement, but only for 60 days, Russia’s deputy foreign minister said on Monday, RIA Novosti quotes, at the end of a day of negotiations between Russia and Russian representatives. UN in Geneva, Reuters reports.

Sergey Versinin, Deputy Minister of Foreign Affairs of Russia (from left)Photo: SALVATORE DI NOLFI / AP / Profimedia

The current phase of the agreement, which facilitates the export of agricultural products from Ukraine’s southern Black Sea ports amid conflict with Russia, expires on March 18 and can only be extended with Russia’s permission.

In early March, Russia said it would agree to extend the Black Sea Grain Export Agreement, which allows grain to be safely transported from Ukrainian ports, only if the interests of its own agricultural producers are taken into account.

Russian agricultural exports have not been directly targeted by Western sanctions, but Moscow says restrictions on its payment, logistics and insurance systems are an “obstacle” to its ability to export agricultural grain and fertilizer.