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Free AccessTASS-Russia's Lavrov, UN Sec-Gen To Discuss Black Sea Grain Deal Today
Wires reporting that according to Russian state-run outlet TASS, Foreign Minister Sergey Lavrov will hold talks today with UN Secretary-General Antonio Guterres to discuss the Black Sea Grain Initiative. The talks come days after two cargo ships entered Ukrainian Black Sea ports with the intention of taking on grain for the Asian and African markets. These are the first vessels to do so since Russia suspended its participation in the UN-brokered deal in July, and come via 'humanitarian corridors' established by Ukraine.
- Five vessels that were already at port have since left via said corridors. The breakdown of the grain initiaitve has seen Moscow's missile and drone attacks on Ukraine's ports on the Black Sea and Danube River dole out significant structural damage.
- There is little optimism about the prospect of a resumption of the deal in the short-term. Talks between Russian President Vladimir Putin and his Turkish counterpart Recep Tayyip Erdogan earlier in the month seemingly made little progress. Erdogan talked up a return to the deal, co-brokered by Turkey, 'soon', but Putin warned that it would not be possible without the West 'meeting its obligations.'
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.