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☆ With grain deal in focus, Putin to meet Erdogan in Russia
▼ + stars: | 2023-09-04 | by ( ) www.reuters.com time to read: +4 min

"The current status (of the grain deal) will be discussed at the summit on Monday. Putin has said Russia could return to the grain deal if the West fulfils a separate memorandum agreed with the United Nations at the same time to facilitate Russian food and fertiliser exports. Ahead of the Erdogan talks, Ukrainian officials said Russia launched an overnight air attack on one of Ukraine's major grain exporting ports. In its report on the Erdogan meeting, Russian state television said promises made to Russia must be implemented. For Russia, Erdogan is a key broker - and one respected personally by Putin.

Persons: Mehmet Bey, Mehmet Emin Calsikan, Erdogan, Putin, Tayyip Erdogan, Vladimir Putin, Russia, Dmitry Peskov, Akif Cagatay Kilic, Kilic, Russia's, António Guterres, Sergei Lavrov, Maria Zakharova, Guy Faulconbridge, Lidia Kelly, Michelle Nichols, Robert Birsel, Philippa Fletcher Organizations: REUTERS, UN, Kremlin, United, Haber, United Nations, Russian, Russian Agricultural Bank, SWIFT, Toksabay, Thomson Locations: Yenikapi, Istanbul, Turkey, Sochi Turkey, Russia, Ukraine, Ukraine MOSCOW, Russia's Black, Sochi, United Nations, Moscow, Izmail, Ukraine's Odesa, EU, Russian, Melbourne, Ankara

Analysts said it tests President Tayyip Erdogan's resolve to maintain good relations with Russian President Vladimir Putin, whom he has invited to Turkey this month to discuss resuming the UN-brokered deal that had protected grain exports from Ukraine. "Ankara's silence is strange but shows it is still counting on Putin to visit and return to the grain deal." It wants the West to accept some Russian demands, and for Russia to drop others, to restart Ukraine grain exports under UN and Turkish oversight. A Turkish defence ministry official, requesting anonymity, said Ankara was looking into the Black Sea raid but gave no more details. "Therefore Erdogan should negotiate and try to convince Western countries, not Putin, for the reinstatement of the grain deal," he said.

Persons: Mehmet Bey, Umit, Erdogan, Putin, NATO's, Tayyip Erdogan's, Vladimir Putin, Yoruk Isik, Grynspan, Sezer, Huseyin Hayatsever, Gabrielle Tétrault, Farber, Kirsten Donovan Organizations: Coordination Centre, REUTERS, Ankara, Analysts, UN, Bosphorus Observer, United Nations Conference, Trade, Development, Thomson Locations: Yenikapi, Istanbul, Turkey, ISTANBUL, Ukraine, NATO, Moscow, Russia, Ankara, Odesa, Turkish, Palau, Russian

☆ US to keep Russia's food exports flowing if grain deal revived, Blinken says
▼ + stars: | 2023-08-03 | by ( Michelle Nichols | ) www.reuters.com time to read: +4 min

Russia last month quit the July 2022 deal brokered by the United Nations and Turkey aimed at easing a global food crisis after Russia's invasion of Ukraine five months earlier. PRICING PRESSURESBlinken told reporters that Russia's exports of food have exceeded levels prior to its invasion of Ukraine. The United Nations has argued that the Black Sea deal helped everyone because it brought prices down 23% from a record high in the weeks following Russia's invasion of Ukraine. After Moscow quit the deal, it began targeting Ukrainian ports and grain infrastructure on the Black Sea and Danube River, sending global grain prices soaring. Moscow has said it may resurrect the Black Sea agreement if its demands to improve its own exports of grain and fertilizer are met.

Persons: Mehmet Bey, Mehmet Emin Calsikan, Antony Blinken, we'll, Blinken, Russia's, Dmitry Polyanskiy, Polyanskiy, Moscow, Vladimir Putin, Michelle Nichols, Daphne Psaledakis, Humeyra Pamuk, Katharine Jackson, Jonathan Oatis, Susan Heavey Organizations: REUTERS, UNITED NATIONS, United, United Nations, Security, Russia, JPMorgan, The United Nations, European, Reuters, Thomson Locations: Yenikapi, Istanbul, Turkey, United States, Russia, United Nations, Ukraine, Moscow, Washington, Africa, Asia, America

☆ Black Sea grain deal extended, say parties to agreement
▼ + stars: | 2023-03-18 | by ( ) www.reuters.com time to read: +2 min

[1/2] Commercial vessels including vessels which are part of Black Sea grain deal wait to pass the Bosphorus strait off the shores of Yenikapi during a misty morning in Istanbul, Turkey, October 31, 2022. REUTERS/Umit Bektas/File PhotoANKARA, March 18 (Reuters) - A deal allowing the export of Ukrainian grain from Black Sea ports that was due to expire on Saturday has been renewed, following days of talks brokered by Turkey to extend the agreement. "The Black Sea Grain Initiative, signed in Istanbul on 22 July 2022, has been extended," the United Nations said in a statement, thanking the Turkish government for its diplomatic and operational support of the deal. Ukrainian Infrastructure Minister Oleksandr Kubrakov said the deal had been extended for 120 days. "(The Black Sea Grain Initiative) agreement is extended for 120 days," Kubrakov wrote on Twitter.

The aim was to combat a global food crisis that was fueled in part by Russia's Feb. 24, 2022, invasion of Ukraine and Black Sea blockade. The United Nations and Turkey said on Saturday that the deal had been extended, but did not specify for how long. [1/2] Commercial vessels including vessels which are part of Black Sea grain deal wait to pass the Bosphorus strait off the shores of Yenikapi during a misty morning in Istanbul, Turkey, October 31, 2022. Dujarric said on Saturday that the United Nations was strongly committed to implementing both the Ukraine Black Sea grain deal and the pact with Moscow and urged "all sides to redouble their efforts to implement them fully." Ukraine has so far exported nearly 25 million tonnes of mainly corn and wheat under the deal, according to the United Nations.

Other participants were pressing ahead with the deal despite Russia's withdrawal while France said it was working to boost Ukraine grain exports via land routes in conjunction with other European Union states. A record volume of 354,500 tonnes of agricultural products was carried on vessels leaving Ukrainian ports on Monday as part of the Black Sea grain deal, a spokesperson for Odesa's military administration said. WHEAT PRICES CLIMBWheat prices rose on Monday, climbing around 6% to $8.78 a bushel in Chicago, but remained far below a peak of $13.63-1/2 set in early March shortly after the conflict began. The strong pace of wheat exports from Russia, which harvested a record crop this summer, has helped to bolster supplies on the world market. "Typically, it takes about two months for higher grain prices to filter through the supply chain and impact consumers at the retail level," said a Sydney-based analyst.

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