Russia has set conditions on the possibility of returning to the grain export agreement After claiming that the deal has lost all of the o...

 

Russia has set conditions on the possibility of returning to the grain export agreement

After claiming that the deal has lost all of the objectives that it was originally signed for, Russian President Vladimir Putin stated that the country will return to the grain export agreement that it just quit if the requirements set by it, including its demands, can be met.

The withdrawal of Russia from the agreement last week after it expired raised the price of grain on the global market because it was impossible to export it through the Black Sea, despite the fact that many nations rely on Russia and Ukraine to supply them with wheat. This is the first time the Russian president has commented since that time.

Putin said that due to the agreement's inefficiency, Russia cannot continue it in its existing form during his statement prior to the meeting of his administration.

Without a doubt, according to Putin, Russia will be able to adhere to the deal again, but only when all the conditions it made before accepting the pact have been accepted.

One of these demands is for Putin to lift all penalties imposed on the nation's exports of grain and fertiliser.

Kenan Rasha has been complaining for months that the parties to this agreement have not complied with its desire to be permitted to export its goods to the international market.

Putin claims that rather than assisting underdeveloped nations, the western nations are utilising the pact to meet their own needs.