Berliner Boersenzeitung - Russia and Ukraine address grain crisis in first talks since March

EUR -
AED 4.284503
AFN 77.077368
ALL 96.672535
AMD 444.268837
ANG 2.088356
AOA 1069.812202
ARS 1666.951235
AUD 1.755223
AWG 2.099959
AZN 1.977594
BAM 1.958282
BBD 2.348677
BDT 142.67084
BGN 1.958842
BHD 0.439657
BIF 3445.467236
BMD 1.166644
BND 1.510615
BOB 8.058214
BRL 6.356688
BSD 1.166078
BTN 104.846244
BWP 15.492637
BYN 3.352535
BYR 22866.217636
BZD 2.345263
CAD 1.611893
CDF 2603.949043
CHF 0.936867
CLF 0.027523
CLP 1079.732385
CNY 8.248289
CNH 8.244613
COP 4474.067141
CRC 569.622013
CUC 1.166644
CUP 30.91606
CVE 110.405889
CZK 24.214831
DJF 207.653207
DKK 7.468667
DOP 74.634602
DZD 151.273095
EGP 55.344765
ERN 17.499656
ETB 180.875365
FJD 2.63714
FKP 0.874627
GBP 0.874563
GEL 3.144117
GGP 0.874627
GHS 13.264757
GIP 0.874627
GMD 85.164683
GNF 10132.80021
GTQ 8.932437
GYD 243.968192
HKD 9.076121
HNL 30.71293
HRK 7.536985
HTG 152.653493
HUF 381.862915
IDR 19474.784235
ILS 3.771351
IMP 0.874627
INR 105.17941
IQD 1527.629771
IRR 49130.280577
ISK 149.003932
JEP 0.874627
JMD 186.64658
JOD 0.827088
JPY 181.000109
KES 150.848748
KGS 102.023311
KHR 4668.917998
KMF 492.323307
KPW 1049.978797
KRW 1710.652425
KWD 0.358124
KYD 0.971828
KZT 589.724967
LAK 25286.943606
LBP 104425.214634
LKR 359.684369
LRD 205.24279
LSL 19.763266
LTL 3.444796
LVL 0.705691
LYD 6.339035
MAD 10.770352
MDL 19.841064
MGA 5201.59318
MKD 61.718495
MMK 2449.482257
MNT 4138.521318
MOP 9.351013
MRU 46.501943
MUR 53.782159
MVR 17.948159
MWK 2022.063027
MXN 21.188759
MYR 4.794321
MZN 74.559923
NAD 19.763266
NGN 1691.446479
NIO 42.914211
NOK 11.778815
NPR 167.75163
NZD 2.015712
OMR 0.447547
PAB 1.166178
PEN 3.919768
PGK 4.948251
PHP 68.736353
PKR 326.920482
PLN 4.229381
PYG 8020.165807
QAR 4.250542
RON 5.09217
RSD 117.549501
RUB 89.447988
RWF 1696.650557
SAR 4.378528
SBD 9.602169
SCR 15.76892
SDG 701.729618
SEK 10.946788
SGD 1.510938
SHP 0.875285
SLE 27.662086
SLL 24463.93409
SOS 665.243216
SRD 45.066272
STD 24147.170324
STN 24.530989
SVC 10.20389
SYP 12899.390409
SZL 19.748031
THB 37.140688
TJS 10.699299
TMT 4.09492
TND 3.42078
TOP 2.808998
TRY 49.655234
TTD 7.9058
TWD 36.31996
TZS 2852.443816
UAH 48.955252
UGX 4125.211153
USD 1.166644
UYU 45.608396
UZS 13950.742787
VES 296.971426
VND 30758.562652
VUV 141.585177
WST 3.253316
XAF 656.789501
XAG 0.020047
XAU 0.000277
XCD 3.152913
XCG 2.101655
XDR 0.816835
XOF 656.789501
XPF 119.331742
YER 278.303287
ZAR 19.749998
ZMK 10501.191496
ZMW 26.960173
ZWL 375.658814
  • RBGPF

    0.0000

    78.35

    0%

  • GSK

    -0.1600

    48.41

    -0.33%

  • NGG

    -0.5000

    75.41

    -0.66%

  • SCS

    -0.0900

    16.14

    -0.56%

  • BCC

    -1.2100

    73.05

    -1.66%

  • BTI

    -1.0300

    57.01

    -1.81%

  • AZN

    0.1500

    90.18

    +0.17%

  • CMSD

    -0.0700

    23.25

    -0.3%

  • RELX

    -0.2200

    40.32

    -0.55%

  • RIO

    -0.6700

    73.06

    -0.92%

  • CMSC

    -0.0500

    23.43

    -0.21%

  • JRI

    0.0400

    13.79

    +0.29%

  • VOD

    -0.1630

    12.47

    -1.31%

  • BCE

    0.3300

    23.55

    +1.4%

  • RYCEF

    -0.0500

    14.62

    -0.34%

  • BP

    -1.4000

    35.83

    -3.91%

Russia and Ukraine address grain crisis in first talks since March
Russia and Ukraine address grain crisis in first talks since March / Photo: Handout - TURKISH DEFENCE MINISTRY/AFP

Russia and Ukraine address grain crisis in first talks since March

Russia and Ukraine on Wednesday held their first direct negotiations since March in a bid to break an impasse over grain exports that has seen food prices soar and millions face hunger.

Text size:

The high-stakes meeting involving UN and Turkish officials in Istanbul came with Russia and Ukraine locked in a furious long-range shooting battle that is destroying towns and leaving people with nothing.

Ukrainian officials said at least five people died in Russian shelling on the region surrounding the Black Sea port city of Mykolaiv.

"You never get used to war. It's dreadful and scary," 60-year-old Lyubov Mozhayeva said in the partially destroyed frontline city of Bakhmut.

The first face-to-face talks between Russian and Ukrainian delegations since another meeting in Istanbul on March 29 come with the threat of food shortages spreading across the poorest parts of the world.

Ukraine is a vital exporter of wheat and grains such as barley and maize. It has also supplied nearly half of all the sunflower oil traded on global markets.

But shipments across the Black Sea have been blocked by Russian warships and mines Kyiv has laid to avert a feared amphibious assault.

- 'Two steps from agreement' -

The Istanbul negotiations are being complicated by growing suspicions that Russia is trying to export grain it has stolen from Ukrainian farmers in regions under its control.

US space agency data released last week showed 22 percent of Ukraine's farmland falling under Russian control since the February 24 invasion.

The two sides say they have made progress but are sticking to firm demands that could collapse the talks.

Ukrainian Foreign Minister Dmytro Kuleba said Kyiv was "two steps from an agreement with Russia".

"We are in the final stages and everything now depends on Russia," he told Spain's El Pais newspaper.

Russian defence ministry spokesman Igor Konashenkov said Moscow "submitted of package of proposals for the speediest practical solution" of the grain crisis.

Russia said on Tuesday its requirements included the right to "search the ships to avoid the contraband of weapons" -- a demand rejected by Kyiv.

The closed-door talks were held around a vast square table in a historic mansion overlooking the Bosphorus Strait.

- Grain corridors -

NATO member Turkey has been using its good relations with both the Kremlin and Kyiv to try and broker an agreement on a safe way to deliver the grain.

Turkey says it has 20 merchant ships waiting in the region that could be quickly loaded and sent to world markets.

A plan by the UN proposes the ships follow safe "corridors" that run between the known location of mines.

Kyiv has also asked that its vessels be accompanied by warships from a friendly country such as Turkey.

Experts say de-mining the Black Sea is a complex operation that could take months -- too long to address the growing global food crisis.

Kuleba said he did not think Moscow actually wanted to reach an agreement because proceeds from grain sales would help support a Western-backed government in Kyiv that the Kremlin brands as "Nazis".

"They know that if we start to export, we will get proceeds from world markets, and this will make us stronger," Kuleba said.

- 'Operational pause' -

The talks in Istanbul precede a meeting in Tehran next Tuesday between Turkish President Recep Tayyip Erdogan and his Russian counterpart Vladimir Putin.

The war in Ukraine has contributed to Turkey's mounting economic problems and further complicated Erdogan's path to a third decade in power in elections due within the next year.

Erdogan's ultimate goal is to bring Putin and Ukrainian President Volodymyr Zelensky down to Istanbul for talks aimed at pausing the fighting and launching formal peace talks.

But the Ukrainian army warned this week that Russia was preparing to stage its heaviest attack yet on the Donetsk region -- the larger of the two areas comprising the Donbas war zone.

The Russian army has not conducted any major ground offensives since taking the last points of Ukrainian resistance in the war zone's smaller Lugansk region at the start of the month.

Analysts believe the Russians are taking an "operational pause" during which they are rearming and regrouping forces before launching an assault on Sloviansk and Kramatorsk -- Ukraine's administrative centre for the east.

Ukraine is trying to counter the Russians by staging increasingly potent attacks with new US and European rocket systems targeting arms depots.

US officials believe the Russians are trying to recoup their losses by negotiating to acquire hundreds of combat drones from Iran.

(U.Gruber--BBZ)