Magazines

Subscribe to our print & digital magazines now

Subscribe

Russian Diplomat Expresses Confidence in West's Ability to Resolve Grain Deal Issues

The West still has time to eliminate "obstacles" impeding the fulfilment of the Black Sea grain deal before the May 18 deadline, according to top Russian diplomat Mikhail Ulyanov.

Updated on: 15 April, 2023 11:24 AM IST By: Shivam Dwivedi
Russian Diplomat Expresses Confidence in West's Ability to Resolve Grain Deal Issues

The Black Sea grain export agreement was renewed for 60 days last month, but Russia has indicated that it may not agree to extend it further unless the West lifts barriers to Russian grain and fertilizer exports.

The agreement, which established a secured transit corridor to allow exports to resume from three Ukrainian ports, has aided in addressing a worldwide food crisis that U.N. experts claimed had been exacerbated significantly by Russia's invasion of Ukraine.

"(The agreement) must be fully implemented as agreed in Istanbul in July 2022. The West still has time to remove obstacles to the full implementation of the agreements," Ulyanov stated on the Telegram messaging app.

Western powers placed harsh sanctions on Russia in response to its invasion of Ukraine on February 24, 2022. Its food and fertilizer exports are not sanctioned, but Moscow claims that payment, logistics, and insurance limitations are impeding shipments.

Moscow has made many demands for an extension, including the reconnection of the Russian Agricultural Bank (Rosselkhozbank) to the SWIFT payment system and the lifting of restrictions on agricultural machinery and parts.

When asked if there had been any movement on Russia's demands on Wednesday, U.N. spokesman Stephane Dujarric said officials were "trying to doggedly move the process forward."

International No Diet Day 2024 Quiz Take a quiz

Show your support

Dear patron, thank you for being our reader. Readers like you are an inspiration for us to move Agri Journalism forward. We need your support to keep delivering quality Agri Journalism and reach the farmers and people in every corner of rural India.

Every contribution is valuable for our future.

Contribute Now