Russia suspends Black Sea grain deal




Image:


The Kremlin said today (17) that it has suspended its participation in the Black Sea grain agreement, which makes Ukrainian exports possible through ports in the region. Started on August 1st last year, the initiative was mediated by Turkey and the United Nations (UN).

Russia had already been signaling its discontent with the deal over the past few weeks. Despite not suffering any direct sanctions from the West, given that Russian agricultural inputs and products are considered essential for global food security, Moscow claimed that financial and logistical obstacles were hampering the flow of its commodities.

{module Form RD}

“Unfortunately, the part of these Black Sea agreements regarding Russia has not been implemented so far, so their effect has ended,” said Dmitry Peskov, Kremlin spokesman. “As soon as the Russian side of the agreements is fulfilled, the Russian side will return to the implementation of this agreement immediately,” he added.

Under the agreement, around 33 million tons of cereals and oilseeds were transported from Ukraine.

Source: datagro

{module Read Also}

Facebook
twitter
LinkedIn

Aboissa supports

Stay up to date with news
and the best opportunities in
agribusiness – sign up now!

Asia

Saudi Arabia

Bangladesh

China

singapore

South Korea

United Arab Emirates

Philippines

India

Indonesia

Iraq

Jordan

Lebanon

Malaysia

Oman

qatar

Türkiye

Vietnam

Hong Kong

America

Argentina

Bolivia

Brazil

Canada

Chile

Colombia

Ecuador

U.S

Guatemala

british virgin islands

Mexico

Nicaragua

Panama

Paraguay

Peru

Uruguay

Suriname

Venezuela

Dominican Republic

Costa Rica

Cuba

Africa

South Africa

Algeria

Cameroon

Costa do Marfim

Egypt

Liberia

Morocco

Sierra Leone

Sudan

Kenya

Tunisia

Mauricio Islands

Europe

Albania

Germany

Belgium

Bulgaria

Spain

Finland

France

England

Italy

Lithuania

Poland

Portugal

Russia

Türkiye

Serbia

Sweden

Switzerland

Ukraine

Cyprus

Estonia

Ireland

Romania

Oceania

Australia

New Zealand

Request a quote!

Fill out the form and get support for your business needs.
Our experts are ready to offer customized solutions.

*We are currently not working with intermediaries.

By providing my data, I agree with the Privacy Policy.