Putin ready to boost Ukrainian grain exports: Kremlin | Russian-Russian-Ukrainian war news

The Russian president said in a phone call with Erdogan that Moscow is ready to export fertilizers and food if sanctions are lifted.

Russian President Vladimir Putin says Russia is ready for unhindered Exporting grain from Ukrainian ports Coordinated with Turkey, according to a readout of the Kremlin’s talks with Turkish President Recep Tayyip Erdogan.

Russia and Ukraine together account for 29% of global wheat exports, mainly through the Black Sea, and 80% of global sunflower oil exports. Ukraine is also a major corn exporter.

In a conference call with Erdogan on Monday, Putin said the global food shortage was the result of “short-sighted” policies by the West, adding that Russia was ready to export large quantities of fertilizer and grain in case sanctions on Moscow were lifted. The Kremlin read out the talks.

“When discussing the situation in Ukraine, the focus is on ensuring safe navigation in the Black and Azov Seas and eliminating the threat of mines in their waters,” the Kremlin said.

“Vladimir Putin pointed out that the Russian side is willing to coordinate with Turkish partners to facilitate unimpeded sea transport of goods. This also applies to grain exports from Ukrainian ports.”

It is unclear which Ukrainian port Putin was referring to. Ukraine’s main grain export ports include Chernomorsk, Nikolayev, Odessa, Kherson and Yuzhny.

Erdogan told Putin that peace needed to be established as soon as possible and that if an agreement was reached, Turkey was ready to play a role in an “observation mechanism” between Moscow, Kyiv and the United Nations.

Russia invaded Ukraine on February 24 Chicago wheat futures hit a record high in March on supply concerns, rattling grain markets.

Moscow expects a record harvest this year, with exports from Russia’s open Black Sea ports, while Ukraine remains blocked by the Russian navy.

Dozens of container ships have been blocked at Ukrainian ports, hindering exports of wheat, sunflower oil and other food products, as well as fertilizers for crops.

Navigation in the Black Sea has also been hampered by mines laid by Russian and Ukrainian forces.

export race

Ukraine is trying to export its vast grain reserves by road, river and rail to help avert a global food crisis, but has no chance of achieving its goals unless Russia lifts its blockade of its Black Sea ports, a Ukrainian agriculture ministry official told Reuters. . last week.

Before Russia sent troops into Ukraine, the country was able to export as much as 6 million tonnes of wheat, barley and corn a month, but exports plunged to 300,000 tonnes and 1.1 million tonnes in March and April, respectively.

Russia and Ukraine together account for 29% of global wheat exports, mainly through the Black Sea, and 80% of global sunflower oil exports.

Ukraine is also a major exporter of corn, barley and canola oil, while Russia and Belarus — which backed Moscow in the war and are also sanctioned — account for more than 40 percent of global exports of the crop’s nutrient potassium.

Russia has captured some of Ukraine’s largest seaports, and its navy controls major shipping routes in the Black Sea, where large-scale mining makes commercial shipping dangerous.

The sanctions also make it difficult for Russian exporters to use ships to ship their goods to global markets.

Putin has said Russia will increase wheat exports in the new July-June season as production could hit a record 87 million tonnes.

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