Moscow has set five conditions for the extension of the grain agreement

Russian diplomats have put forward five key conditions for extending the deal on the export of grain from Ukrainian ports. If these issues are not resolved, Moscow will not renew the agreement after May 18 this year. The agreement was concluded in the summer of 2022 and was extended for 60 days on March 14, 2023. At the same time, the Russian Foreign Ministry said that the extended agreements exclusively serve Ukraine’s commercial exports to from its southern ports in the interest of Western countries.

Among the five conditions set by the Russian Foreign Ministry, it was announced that Rosselkhozbank would be connected to the SWIFT settlement system. In addition, Russia demanded to resume deliveries to Russia of agricultural machinery, spare parts and services that fell under Western sanctions. Another condition is the lifting of restrictions on the insurance and reinsurance of Russian ships carrying grain, and the lifting of the ban on their access to ports. In addition, Moscow demands the restoration of the Togliatti-Odessa ammonia pipeline, which was supposed to open in December 2022, as well as the release of foreign assets and accounts of Russian companies associated with the production and transportation of food and fertilizers .

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