Russian grain supplies to Syria will continue

Published Dec 16, 2024

Tridge summary

Russian grain exporters, led by the Union of Grain Exporters and Producers, have shown no intention of defaulting on their contractual obligations to Syria, as stated by Union Chairman Eduard Zernin. The union remains receptive to new export requests, underscoring Russia's pivotal role as a wheat supplier to the war-torn nation. Despite Syria's economic challenges, the union remains hopeful for a stabilization of the situation within a 4-6 week timespan, enabling smoother debt and contractual negotiations.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Russian grain exporters do not plan to unilaterally reduce their obligations under contracts with Syria, Eduard Zernin, Chairman of the Board of the Union of Grain Exporters and Producers, told RIA Novosti, adding that the union is open to new deliveries. "Russian grain exporters do not plan to unilaterally terminate their obligations under contracts. The issue of payment and repayment of debt for delivered products, if any, will be resolved in the normal course of business. As for new deliveries, we are open to proposals," he said. He noted that although Syria is not a key consumer of Russian wheat, Russia has recently played a key role in wheat supplies to the republic, being the ...

Source: Milknews