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Kremlin spokesman Dmitry Peskov said on Wednesday that the current agreement was not working for Russia, despite some efforts by the United Nations to get the parts of the deal relating to Moscow’s interests implemented.
“No deal can stand on one leg: it must stand on two legs,” Peskov told reporters. “In this regard, of course, judging by the state of play today, the outlook (for its extension) is not so great.”
Russia and Ukraine are two of the most important producers of agricultural commodities in the world, and major players in the wheat, barley, maize, rapeseed, rapeseed oil, sunflower seed and sunflower oil markets. Russia is also dominant on the fertiliser market.
More than 27 million tonnes of grain and other foodstuffs have been exported from Ukraine aboard 881 outbound vessels since the Black Sea Grain Initiative began in August, official data shows.
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