June 19, 2023
2 mins read

Russia signals intention to pull out of Black Sea grain deal

The initial agreement lasted for 120 days, but was extended several times since then. It’s now set to expire on July 17…reports Asian Lite News

The deal allowing Ukrainian grain to be exported via the Black Sea has “no chance” of being extended, after it lapses in mid July, as things stand at the moment, a top Russian official said on Sunday.

Russia has “shown goodwill several times, made concessions” and extended the agreement, but what was promised to Moscow as part of the deal still hasn’t been fulfilled, Kremlin Press Secretary Dmitry Peskov said in an interview with Izvestia newspaper, RT reported.

“It’s hardly possible to predict some sort of a final decision here, but we can only state that – judging de facto by the status that we now have – this deal has no chance.

“The deal implies deeds; deeds on the part of the contracting states or organisations. And one part of this deal was done, and the second part, which related to (promises made to) Russia, was never done,” he contended.

The deal, brokered by the UN and Turkey, was signed in July 2022 and provided for the safe shipment of Ukrainian grain though Black Sea corridors in exchange for the US and EU removing obstacles to exports of Russian food products and fertilisers. The West has claimed that it never restricted those items, but Moscow has argued that it still couldn’t supply them to foreign buyers due to shipping, insurance and brokerage sanctions, which were imposed on Moscow over its conflict with Kiev.

The initial agreement lasted for 120 days, but was extended several times since then. It’s now set to expire on July 17.

Speaking to a delegation of African leaders in St. Petersburg on Friday, Russian President Vladimir Putin noted that “the supply of Ukrainian grain to world markets doesn’t solve the problems of African countries in need of food”.

Despite the West promising that the deal would help the poorest nations, only 3.1 per cent of the shipments of Ukrainian grain have ended up in Africa, with 38.9 per cent of them going to the EU, he said.

Earlier this week, Putin said Moscow “was thinking about exiting this grain deal” because nothing had been done to facilitate Russia’s food and fertiliser exports. He also said safety corridors in the Black Sea had been used by Ukraine to launch naval drones.

ALSO READ-UN chief welcomes Russian decision to extend Black Sea grain deal

Previous Story

Lanka grants over 100 EV import permits to migrant workers

Next Story

Pak looks for $4B from friends if IMF deal fails

Previous Story

Lanka grants over 100 EV import permits to migrant workers

Next Story

Pak looks for $4B from friends if IMF deal fails

Latest from -Top News

Nepal Tourism Finds Its Footing After Floods

Around 150 to 200 visitors are arriving daily at Dharapani, raising hopes for a stronger peak season and renewed income for mountain communities….reports Asian Lite News Desk Nepal’s popular Annapurna Circuit trekking

Riyadh Airport Closure Extended After Houthi Strikes

Saudi air defences intercepted a ballistic missile targeting Khamis Mushayt as drone and cruise missile threats mounted, with Riyadh airport remaining closed for safety inspections…reports Asian Lite News Desk Saudi Arabia has

Afghanistan, OIC Explore New Avenues for Cooperation

Afghanistan and the Organisation of Islamic Cooperation have discussed opportunities to deepen engagement and expand cooperation across various fields…reports Asian Lite News Desk Afghanistan’s Foreign Minister Mawlawi Amir Khan Muttaqi has held
Go toTop

Don't Miss

Russia using Iranian drones in Ukraine, says US

A US State Department spokesman warned that Russia deepening an

India Russia Africa Ties Expand Beyond Trade and Geopolitics

Experts say cultural and educational initiatives can build long term