What is Russia's problem with the Black Sea grain deal?

Published 2023년 6월 17일

Tridge summary

Russia is considering withdrawing from the Black Sea grain deal due to allegations of Western cheating, as Russia continues to face obstacles in exporting its agricultural goods. The deal, brokered last year to help address a global food crisis caused by Russia's invasion of Ukraine, has allowed for the export of food and fertiliser from Ukrainian ports, but Russia claims restrictions on payments, logistics, and insurance have hindered its own exports. The deal has also seen significant assistance from the United Nations in facilitating Russian agricultural exports, with nearly 32 million tonnes of grain exported by Ukraine under the deal. However, Russia is demanding the reconnection of its agricultural bank to the SWIFT payments system, the resumption of its Black Sea ammonia exports, and the lifting of restrictions on insurance and access to ports for Russian ships and cargo, among other demands.

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Original content

President Vladimir Putin said this month that Russia was considering withdrawing from the Black Sea grain deal as he accused the West of cheating Moscow because it still faced obstacles getting its own agricultural goods to world markets. Putin said he would discuss the future of the grain deal with visiting African leaders on Saturday. THE PACKAGE DEAL The United Nations and Turkey brokered the Black Sea Grain Initiative last July to help tackle a global food crisis worsened by Moscow's invasion of Ukraine and blockade of its Black Sea ports. It allows food and fertiliser to be exported from three Ukrainian ports - Chornomorsk, Odesa and Pivdennyi (Yuzhny). The deal has been extended three times, most recently until Jul 17. Nearly 32 million tonnes of mostly corn and wheat have so far been exported by Ukraine under the deal. The initiative also allows for the safe export of ammonia - a key ingredient in nitrate fertiliser - but none has been shipped. To convince Russia to agree ...

Source: Channelnewsasia