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Russia suspends participation in Ukraine grain exports deal

(Reuters) -Russia has suspended participation in a U.N.-brokered deal to export agricultural produce from Ukrainian ports after attacks on ships in Crimea, Russia's defence...
Russia suspends participation in Ukraine grain exports deal © Reuters. FILE PHOTO: A combine harvests wheat in a field near the village of Zghurivka in Kyiv region, Ukraine August 9, 2022. REUTERS/Viacheslav Musiienko/File Photo

(Reuters) -Russia has suspended participation in a U.N.-brokered deal to export agricultural produce from Ukrainian ports after attacks on ships in Crimea, Russia's defence ministry said on Saturday, dealing a blow to a three-month agreement aimed at easing a global squeeze on grain supplies.

Russia said that Ukrainian forces, with the help of drones, attacked ships from the Black Sea Fleet in Sevastopol, the biggest city in Russian-annexed Crimea, in the early hours of Saturday.

"Taking into account... the terrorist act by the Kyiv regime with the participation of British experts against the ships of the Black Sea Fleet and civilian vessels involved in ensuring the security of the 'grain corridor', the Russian side suspends participation in the implementation of agreements on the export of agricultural products from Ukrainian ports," the ministry said in a statement.

The ministry said earlier that the drone attacks on Saturday were largely repelled, with minor damage to a Russian minesweeper.

The Ukrainian president's chief of staff, Andriy Yermak, accused Russia of "blackmail" and "invented terror attacks" on its own territory on Saturday following explosions in the Crimea peninsula on Saturday.

His comments were an apparent response to Russian accusations that Ukraine was behind the blasts.

Separately, Russian Agriculture Minister Dmitry Patrushev said earlier on Saturday that Russia was ready to supply up to 500,000 tonnes of grain to poor countries in the next four months for free, with assistance from Turkey, and supplant supplies of Ukrainian grains.

"Taking into account this year's harvest, the Russian Federation is fully prepared to replace Ukrainian grain and deliver supplies at affordable prices to all interested countries," he said.

Since Russia and Ukraine signed the U.N.-backed Black Sea Grain Initiative in Turkey on July 22, several million tonnes of corn, wheat, sunflower products, barley, rapeseed and soya have been exported from Ukraine.

United Nations aid chief Martin Griffiths had said only on Wednesday that he was "relatively optimistic" that the deal would be extended beyond mid-November.

Under the agreement, Ukraine was able to restart its Black Sea grain and fertilizer exports, which had stalled when Russia invaded its neighbor on Feb. 24. The Ukraine export deal was initially agreed for 120 days.

In a separate statement, the Russian foreign ministry said that following the attacks on Russian ships "the Russian side cannot guarantee the safety of civilian dry cargo ships participating in the "Black Sea Initiative", and suspends its implementation from today for an indefinite period.

"Relevant instructions were given to Russian representatives at the Joint Coordination Center in Istanbul, which controls the transportation of Ukrainian food," it added, referring to Turkey's role in implementing the deal.

Late on Friday a spokesman for U.N. Secretary-General Antonio Guterres had appealed to the parties to renew the pact.

"We underline the urgency of doing so to contribute to food security across the world, and to cushion the suffering that this global cost-of-living crisis is inflicting on billions of people," U.N. spokesperson Stephane Dujarric said.

Dujarric said that "governments, shipping companies, grain and fertilizer traders and farmers all over the world" were looking for clarity on the future of the deal.

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01-05-2024 10:45:17 (UTC+7)

EUR/USD

1.0658

-0.0008 (-0.07%)

Summary

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EUR/USD

1.0658

-0.0008 (-0.07%)

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GBP/USD

1.2475

-0.0015 (-0.12%)

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157.91

+0.12 (+0.07%)

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AUD/USD

0.6469

-0.0003 (-0.05%)

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1.3780

+0.0003 (+0.03%)

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168.32

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4.5305

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85.62

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Euro Stoxx 50

4,920.55

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5,035.69

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17,921.95

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8,144.13

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17,763.03

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1,973.05

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10,854.40

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 EUR/USD1.0658↑ Sell
 GBP/USD1.2475↑ Sell
 USD/JPY157.91↑ Buy
 AUD/USD0.6469Neutral
 USD/CAD1.3780↑ Buy
 EUR/JPY168.32↑ Buy
 EUR/CHF0.9808Neutral
 Gold2,295.80↑ Sell
 Silver26.677↑ Sell
 Copper4.5305↑ Buy
 Crude Oil WTI81.14↑ Sell
 Brent Oil85.62↑ Sell
 Natural Gas1.946↑ Sell
 US Coffee C213.73↑ Sell
 Euro Stoxx 504,920.55↑ Sell
 S&P 5005,035.69↑ Sell
 DAX17,921.95↑ Sell
 FTSE 1008,144.13Sell
 Hang Seng17,763.03↑ Sell
 Small Cap 20001,973.05↑ Sell
 IBEX 3510,854.40Neutral
 BASF49.155↑ Sell
 Bayer27.35↑ Sell
 Allianz266.60↑ Sell
 Adidas226.40↑ Sell
 Lufthansa6.714Neutral
 Siemens AG175.90↑ Sell
 Deutsche Bank AG15.010Neutral
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# So hôm qua # Chênh TG
SJC Eximbank8,300/ 8,500
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SJC 1L, 10L, 1KG8,300/ 8,520
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SJC 1c, 2c, 5c7,380/ 7,550
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SJC 0,5c7,380/ 7,560
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SJC 99,99%7,370/ 7,470
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SJC 99%7,196/ 7,396
(0/ 0) # 386
Cập nhật 01-05-2024 10:45:19
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ↀ Giá vàng thế giới
$2,285.72-47.5-2.04%
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ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V25.44025.940
RON 95-III24.91025.400
E5 RON 92-II23.91024.380
DO 0.05S20.71021.120
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Dầu hỏa 2-K20.68021.090
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Brent$85.50+3.860.05%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD25.088,0025.458,00
EUR26.475,3627.949,19
GBP30.873,5232.211,36
JPY156,74166,02
KRW15,9219,31
Cập nhật lúc 10:45:15 01/05/2024
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