Russian statements indicate that it will agree to continue the grain agreement subject to removal of part of the sanctions
In contrast, Blinken noted that the agreement has already managed to "transport 9 million metric tons of food and reduce prices around the world. " Russia uses any event in the Black Sea as a reason to continue the blackmail of international institutions and the removal of some sanctions. The statements of Russian officials suggest that the Russian Federation is preparing to consent to the continuation of the grain agreement in exchange for the withdrawal of sanctions for the export of their food.
In fact, the Russian Federation can still sell agricultural products, but this is unprofitable for the impossibility of making calculations in rubles, sanctions that relate to insurance, freight, transportation - all this created many side barriers. Since the beginning of November, the Russian media has been quoting the first deputy post -press of the Russian Federation at the United Nations Dmitry Podolyansky, which will still weaken the sanctions related to the export of food.
"The UN promises us that there will be a result. When making a decision, they will evaluate the effectiveness of the Russian part of the agreement and the effectiveness of the relevant UN efforts . . . The UN has time to fulfill itself by November 18," the representative of the publication quoted "Izvestia". Such hopes could be the reason why the Kremlin first "came out" from the grain agreement in the Sevastopol Bay, and then added that only "suspended" his participation.
The signal is also that Andriy Belousov has entrusted the Ministry of Agriculture, the Ministry of Agriculture, the Mynecon Development and the Ministry of Foreign Affairs of the Russian Federation to create the proper normative conditions for the sale . Since the ruble has never been a liquid currency, and even loyal to the Russian Federation do not have money in rubles, the Ministry of Finance already reflects on the issuance of interstate target loans in rubles for grain purchase.
This practice in the world exists, the EU and the United States successfully use this lending scheme to sell its agricultural products in the world market. However, it is unlikely that some country will consider economic benefits and agree to put on a "ruble credit needle".
The representative of the Union of Grain Exporters Edward Gerinin has already hurried to assure that from next year Russia will trade grain in rubles and will go away with problems with banking payments in unfriendly currencies. The export potential for 2023 is estimated by exporters at 65 million tons, so it is proposed to increase quotas for grain export next year (wheat, barley, rye, corn) to 25. 5 million tons of 11.
officials claim that in 2022 the Russian Federation is on Foreign markets set 31. 22 million tons of grain, and this year's harvest was a historic record - more than 150 million tons. However, Russian officials do not mention the fact that a significant part of the crop and deliveries is the grain, which was expropriated from the occupied Kherson and Zaporizhzhya regions of Ukraine.