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Ministers Talk Down Likelihood of Any Grain Deal Negotiations

RUSSIA
  • Nixing any hopes of a re-opening of Black Sea grain deal negotiations, the deputy foreign minister stated that a resumption of talks will not be held now, with Moscow objecting to the implementation of previous agreements reached in Istanbul over the past year.
  • Russia are set to host the second Russia-Africa summit later this week, and will host a South African delegation led by President Ramaphosa. Topics of focus are to include politics, security and trade, among others.
  • Later today, the state Duma are to consider the second reading of legislation to raise the military draft age to 30.
  • No key releases set for Tuesday, with focus on Wednesday's June industrial production data.

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