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Thursday, March 23, 2023

Russia has given the West two months to lift sanctions on agricultural products

Western countries have two months to lift sanctions on Russian agricultural products. This was stated at a meeting of the UN Security Council by Russian permanent representative Vasily Nebenzya.

According to him, under the Extended Grains Agreement, Russian agricultural products are subject to restrictions. Therefore, the West must lift all sanctions that impede the export of these goods from the Russian Federation.

Recall that Russia has extended its participation in the “grain agreement” for two months. At the same time, Kiev was not happy with this. Ukraine insisted on a longer term agreement.

Russian economists in their comments noted that the 60-day period was not chosen by chance. The Black Sea Agreement is one of the instruments through which Russia defends its interests.

The 60-day deadline was not chosen by chance, because for Russia the reduction of the automatic extension period is an instrument of pressure on the West, which does not fulfill its obligations to unblock the export of agricultural products russian

  • experts from the telegram channel Sovereign Economy explained.

Specialists also note Turkey’s role and interest in extending the agreement. According to economists, it is important that Ankara plays the role of economic intermediary until the presidential elections in the country, scheduled for May 14. But the Russian Federation should not blindly hope for Erdogan’s victory.

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