The Exporting Cereal Convention with Ukraine .. Russia has not decided to renew

The Exporting Cereal Convention with Ukraine .. Russia has not decided to renew

A day after the announcement of Russia’s return to the export of grain from the Ukrainian ports across the Black Sea, the Kremlin said on Thursday that Moscow has not yet decided whether its participation in the agreement allows the export of grains and whose time later passes this month.
“We will need to provide a thorough evaluation of the success of the accord before deciding on the extension,” said Kremlin spokesperson Dmitry Peskov.

On November 19, Turkey and the UN are due to renew the agreement they reached in July.
Moscow’s return “does not suggest,” according to Peskov, that it will opt to extend the agreement.
He continued, applauding Ankara’s assistance in achieving these guarantees, saying that Russia had proof that Ukraine had promised the humanitarian corridor would not be used for military targets.

The United States applauded Russia’s restoration to the deal allowing the secure transit of Ukrainian medicines over the Black Sea and asked Moscow to prolong it later this month.
Ned Price, a spokesperson for the US State Department, praised the UN and Turkey but stressed that it is crucial that “the accord not just extends later this month but also returns to its prior era.”

In a statement to reporters, he continued, “This will eventually lead to more predictability and stability in this market, and most significantly, pressure to cut pricing.
Vladimir Putin, the president of Russia, threatened to withdraw Russia once more from the Ukrainian grain export agreement after announcing a return to work on it. If Kyiv wants to “violate guarantees” required by Moscow.

The Ukraine and the Exporting Cereal Convention. Russia hasn’t decided whether to continue

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