# Kremlin remains downbeat on state of Black Sea grain deal
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2023-04-25
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: Kremlin&#039;s Concerns Over Black Sea Grain Deal
Meta Description: Despite setbacks, Kremlin remains sceptical about effectiveness of deal. United Nations offers proposals for improvement and extension.
URL: https://financedigest.com/kremlin-remains-downbeat-on-state-of-black-sea-grain-dealhtml

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# Kremlin remains downbeat on state of Black Sea grain deal

(Reuters) – The Kremlin reaffirmed its position on Tuesday that the Black Sea grain deal is not working for Moscow, a day after the head of the United Nations handed Russia a letter with proposals to improve and expand it.

“Despite the fact that so much time has passed, (the deal) has not yet been implemented, it has not come together as a package, the conditions that concerned us have still not been realised,” Kremlin spokesman Dmitry Peskov told reporters.

“Therefore, while the circumstances don’t add up in favour of this deal, we continue to observe,” he said.

The [deal was brokered by Turkey and the United Nations last July to allow Kyiv to resume grain exports](https://www.financedigest.com/israel-renews-gas-exploration-expects-export-deal-to-europe.html "Israel renews gas exploration, expects export deal to Europe") from its Black Sea ports that had been severed after Russia invaded Ukraine five months earlier.

Russia has signalled that it will not allow the [deal to be extended](https://www.financedigest.com/britains-jd-sports-extends-nike-ties-with-partnership-deal.html "Britain’s JD Sports extends Nike ties with partnership deal") beyond May 18 unless obstacles to its own food and fertiliser exports are removed.

On Monday, a U.N. spokesperson said United Nations Secretary-General Antonio Guterres had proposed to [Russian President Vladimir Putin](https://www.financedigest.com/russian-president-vladimir-putin-claimed-victory-in-the-biggest-battle-of-the-war-in-ukraine.html "Russian President Vladimir Putin claimed victory in the biggest battle of the war in Ukraine") a “way forward aimed at the improvement, extension and expansion” of the agreement.

The proposal was outlined in a letter that Guterres asked [Russian Foreign Minister](https://www.financedigest.com/russian-missiles-hit-30-of-ukraines-energy-infrastructure-in-two-days-minister.html "Russian missiles hit 30% of Ukraine’s energy infrastructure in two days – minister") Sergei Lavrov to deliver to Putin.

The [grain deal](https://www.financedigest.com/gazprom-gas-cut-tempers-economic-hopes-after-ukraine-grain-deal.html "Gazprom gas cut tempers economic hopes after Ukraine grain deal") was aimed at alleviating a global food crisis, as both Ukraine and Russia are major exporters of grain. Peskov, however, played down the extent to which shortfalls of grain from both countries had contributed to the crisis.

We all know that the genesis of the [global food crisis](https://www.financedigest.com/putin-says-west-is-triggering-a-global-economic-crisis.html "Putin says West is triggering a global economic crisis") has other roots. And it is not a direct consequence of the loss of [Ukrainian grain](https://www.financedigest.com/turkey-says-five-more-grain-ships-leave-ukrainian-ports.html "Turkey says five more grain ships leave Ukrainian ports") from the market,” he said.

Of course, the loss of Ukrainian grain and Russian grain from the [market may be one of the factors](https://www.financedigest.com/the-growth-factors-market-to-witness-a-digitized-steeple.html "The Growth Factors Market to witness a digitized steeple"), but not decisive.

[(Reporting by Reuters](https://www.financedigest.com/thomson-reuters-report-reveals-risk-compliance-staff-expect-to-see-significant-benefits-from-artificial-intelligence-ai-and-distributed-ledger-technologies.html "Thomson Reuters Report Reveals Risk & Compliance Staff Expect to See Significant Benefits from Artificial Intelligence (AI) and Distributed Ledger Technologies"), writing by Mark Trevelyan; Editing by Gareth Jones)


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