UN-Russia agricultural export memorandum will not be extended
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Africanews
Just In
The memorandum that was signed in 2022 between Russia and the United Nations (UN) regarding the export of Russian agricultural products and fertilizers will not be renewed after July 22 of this year, as stated by Russia's Deputy Foreign Minister Sergei Vershinin on Saturday.
Breakdown
- Russia will not renew its agricultural export memorandum with the UN.
- The memorandum was signed in 2022 to facilitate Russian grain and fertilizer exports. 6s
- Moscow previously withdrew from the Black Sea Grain Initiative due to Western sanctions. 31s
- Sanctions have caused obstacles in insurance, logistics, and payments for Russian exports. 37s
- Russian officials say the memorandum's implementation has not been fully addressed. 1m 1s