Quitting grain deal will not affect Russia’s agricultural exports

Moscow will supply grain to low-income countries at its own expense, the foreign minister has pledged Russia sees no reason to extend the arrangement for exporting Ukrainian grain, known as the Black Sea initiative, Foreign Minister Sergey Lavrov told reporters at a briefing on Friday. The deal, mediated by the UN and Türkiye and signed in July 2022, has been repeatedly extended since then and expires on July 18. Lavrov said shipments of Russian produce will not suffer if the deal is terminated, and that exports of this year’s crop are expected to be around 50 million tons. “The export of our fertilizers and food

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Last updated : 30 June 2023 clock 02:52 PM

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