Russia May End Grain Export Deal: A Blow to Ukraine Amid Ongoing Conflict

Russia's foreign ministry indicated on Tuesday that the country sees no basis for renewing a crucial agreement on grain exports via the Black Sea.

by Faruk Imamovic
SHARE
Russia May End Grain Export Deal: A Blow to Ukraine Amid Ongoing Conflict

Russia's foreign ministry indicated on Tuesday that the country sees no basis for renewing a crucial agreement on grain exports via the Black Sea. This development comes less than two weeks before the expiration of the deal that has enabled Ukraine to export grain from its Black Sea ports, despite the ongoing conflict.

The impending expiration of the deal threatens to compound the challenges Ukraine faces in the midst of war.

Kremlin's Stance: Unfulfilled Promises and Demand for SWIFT Access

"We have not yet officially announced the decision, we will announce it in a timely manner," Kremlin spokesman Dmitry Peskov assured.

Russia has long expressed its intention to withdraw from the agreement due to unfulfilled promises. Russia was promised the ability to export its own grain and fertilizer under the agreement, but this promise has not been realized.

"There is still time to fulfill that part of the agreements that concerns our country. Until now, this part has not been completed, and, accordingly, at the moment, unfortunately, there are no particular grounds for extending this deal," Peskov stated.

In addition to the unresolved export issues, Russia claims it sees no progress on a number of its other demands, key among them being the reconnection of its state-owned agricultural bank, Rosselkhozbank, to the SWIFT international payments system.

No Substitutes for SWIFT Access, says Russian Foreign Ministry

In a move that underlines Russia's uncompromising stance on this issue, Russian Foreign Ministry spokeswoman Maria Zakharova dismissed the idea of any alternative solutions on Tuesday.

She declared there was no substitute for restoring Rosselkhozbank's full access to SWIFT, further complicating the prospect of renewing the grain export agreement. As the expiration date of the grain export deal draws closer, the path ahead seems fraught with uncertainty.

While the potential withdrawal could significantly hinder Ukraine's grain export, the situation has also laid bare the unfulfilled promises and demands that continue to strain Russia's relationship with the international community.

Russia Ukraine
SHARE