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Business News›News›International›World News›Russia says only 3% of exports under
Ukraine grain deal go to poorest countries



THE ECONOMIC TIMES DAILY NEWSPAPER IS AVAILABLE ONLINE NOW.

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RUSSIA SAYS ONLY 3% OF EXPORTS UNDER UKRAINE GRAIN DEAL GO TO POOREST COUNTRIES

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Russia says only 3% of exports under Ukraine grain deal go to poorest countries
ReutersLast Updated: Oct 28, 2022, 02:55 PM IST
Synopsis


RUSSIA SAID ON FRIDAY THAT ONLY 3% OF FOOD EXPORTED UNDER A U.N.-BROKERED DEAL
TO RELEASE GRAIN FROM BLOCKADED UKRAINIAN PORTS HAS GONE TO THE POOREST
COUNTRIES, AND THAT WESTERN COUNTRIES ACCOUNT FOR HALF OF ALL SHIPMENTS. SINCE
RUSSIA AND UKRAINE SIGNED THE U.N.-BACKED BLACK SEA GRAIN INITIATIVE IN TURKEY
ON JULY 22, SEVERAL MILLIONS OF TONNES OF CORN, WHEAT, SUNFLOWER PRODUCTS,
BARLEY, RAPESEED AND SOYA HAVE BEEN EXPORTED FROM UKRAINE

APThe cargo ship Mikhail Nenashev sails through the Bosphorus Strait in
Istanbul, Turkey, on July 4, 2022. An Associated Press investigation shows the
ship, owned by a sanctioned Russian state-owned defense contractor, is part of
an extensive Russian-run smuggling operation that has been hauling stolen
Ukrainian grain from ports in occupied Crimea to customers in the Middle East.
Russia said on Friday that only 3% of food exported under a U.N.-brokered deal
to release grain from blockaded Ukrainian ports has gone to the poorest
countries, and that Western countries account for half of all shipments.

"The geography of the recipients of these cargoes has turned out to be
completely inconsistent with the initially declared humanitarian objectives," it
said in a statement.

"Needy states such as Somalia, Ethiopia, Yemen, Sudan, (and) Afghanistan have
received just 3% of food, mostly from the World Food Programme," it said.



Since Russia and Ukraine signed the U.N.-backed Black Sea Grain Initiative in
Turkey on July 22, several millions of tonnes of corn, wheat, sunflower
products, barley, rapeseed and soya have been exported from Ukraine.

President Vladimir Putin and Russian officials have since complained that there
are serious problems with the deal, raising fears Moscow could pull out
altogether unless its demands are met.

Any supplies to global markets from Ukraine, one of the world's largest grain
exporters, ease the food crisis, according to Western officials briefed on the
grain talks.






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