The further extension of the grain deal “depends on progress in the implementation of conditions in the context of the implementation of the Russia-UN memorandum.”
The Russian Foreign Ministry reiterated that the Black Sea “grain initiative” on Saturday, March 18, was extended for 60 days, not 120. In addition, the Russian Federation again began to speak about the possibility of withdrawing from the agreement.
“Due to the lack of progress in the implementation of the Russia-UN memorandum on the normalization of domestic agricultural exports, Moscow decided to shorten the next extension period to 60 days, that is, until May 18,” the Russian said Foreign Ministry in a statement.
The Foreign Ministry of the Russian Federation said they “officially conveyed their position to the Turkish and Ukrainian sides and the UN representatives.”
“There is no formal objection. So, the agreement will continue to be valid for the next two months in the existing parameters, without any changes regarding the ports involved, the range of cargoes and the agreed inspection procedure ,” said the Russian Foreign Ministry.
The Russians stressed that the further extension of the grain deal “depends on progress in the implementation of conditions in the context of the implementation of the Russia-UN memorandum.”
In particular, the Russian Federation demands the reconnection of Rosselkhozbank to SWIFT; continue the supply of agricultural machinery, spare parts and services; the abolition of restrictions on insurance and reinsurance including the lifting of the ban on access to ports; continuation of operation of the Togliatti-Odessa ammonia pipeline; unblocking foreign assets and accounts of Russian companies related to the creation and transportation of food and fertilizers.
Without progress in meeting these demands, Russia is threatening to pull out of the “grain initiative.”
Recall, on March 18, it was learned that Ukraine reached an agreement with Turkey and the UN to extend the grain deal for another 120 days. Russia said it extended the grain deal for just 60 days.
It is worth noting that there are two documents on the grain corridor. One of them was signed by the UN, Turkey and Russia, and the other, a mirror image, by the UN, Turkey and Ukraine.
The grain agreement expired in July 2022 and was extended by 120 days in November. His term expired on March 18. Ukraine was in favor of extending the deal for a year at the same time and offered to expand its operation at the port of Nikolaev.
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I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.