top of page
  • Writer's pictureBy The Financial District

Russia Opts Out Of Ukraine Grain Deal, Punishes Poor Nations

Russia said Monday it was suspending its participation in a crucial deal that allowed the export of Ukrainian grain, once again raising fears over global food supplies and scuppering a rare diplomatic breakthrough to emerge from Moscow’s war in Ukraine, Rob Picheta, Mick Krever and Anna Chernova reported for CNN.


Photo Insert: Over the weekend, Russian President Vladimir Putin said that the main objective of the deal – supplying grain to countries in need – “has not been realized.”



The agreement, brokered by Turkey and the United Nations in July 2022, was officially set to expire at 5 p.m. ET on Monday (midnight local time in Istanbul, Kyiv, and Moscow.) Kremlin spokesperson Dmitry Peskov told reporters on Monday that Russia would not renew the pact right now, saying it “has been terminated.”


Russia has for some time complained that it is being prevented from adequately exporting its own foodstuffs and Peskov cited that objection as the reason for pulling out of the deal.



“As soon as the Russian part is completed, the Russian side will return to the implementation of this deal immediately,” he told reporters.

Over the weekend, Russian President Vladimir Putin said that the main objective of the deal – supplying grain to countries in need – “has not been realized,” again complaining that Russia faced obstacles exporting its own food.


All the news: Business man in suit and tie smiling and reading a newspaper near the financial district.

Peskov left the door open to reviving the deal in the future, saying that Russia will comply “as soon as the Russian part (of the deal) is completed.” US Secretary of State Antony Blinken last week accused Russia of using the grain deal “as a weapon.”


And Ukrainian Foreign Minister Dmytro Kuleba told CBS on Monday that “Russia has been slowly killing the grain initiative, from one extension to another,” Sophie Tanno, Cat Nicholls and Olga Voitovych also reported for CNN.





Optimize asset flow management and real-time inventory visibility with RFID tracking devices and custom cloud solutions.
Sweetmat disinfection mat

Comments


bottom of page