Russia will agree to extend the grain deal – Bloomberg

Russia will agree to extend the grain deal – Bloomberg


The grain agreement, which allows Ukraine to export crops from three key ports across the Black Sea, will be extended.

About this Bloomberg Turkish officials said on condition of anonymity.

According to the sources, Russia agrees to remain in the agreement for the time being.

The deal, brokered by Turkey and the UN, will keep open a major trade route and increase global food supplies.

Russia has threatened to withdraw from the agreement if obstacles to the supply of its own crops and fertilizers are not removed.

We remind you:

The Permanent Representative of Ukraine to the UN, Serhii Kyslytsia, said at a meeting of the UN Security Council that Russia is blackmailing the world by disrupting the Black Sea grain agreement and pretending to lose from its action, but in fact grain exports from the Russian Federation have doubled.

Ukraine does not excludethat the agreement that allows safe exports of Ukrainian grain through the Black Sea will expire on May 18, when it expires, and no further talks are planned this week.

Parties to the so-called “grain agreement” are approaching to the agreement on its extension after two days of negotiations in Istanbul.

Read also: How Russia Steals Ukrainian Grain Markets


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