Finance

Russia sees no reason to extend grain deal

In a statement published on its website, the Russian Ministry of Foreign Affairs stated that Russia continues to fulfill its obligations under the grain agreement responsibly, but that it sees no “justification for further continuation” of the agreement.

In the statement, which stated that Russia wanted to solve five problems in order to remove the obstacles to its own food exports, it was stated that the reconnection of Rosselkhozbank to the SWIFT international payment system, spare agricultural machine parts and the reopening of the ammonia pipeline were removed from the agenda.

In the statement, it was stated that there was no visible progress on transportation logistics and insurance issues and asset freezes.

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