Russia vowed it would consider reviving the deal if its demands to support its own grain and fertilizer exports were met. One of Moscow's main demands is reconnecting Russian Agricultural Bank to the Society for Worldwide Interbank Financial Telecommunication (SWIFT) international payment system. Moscow said its food and fertilizer exports were hampered abroad over restrictions on payments, logistics and insurance.
In July, Russia withdrew from the deal which allowed - until it was frozen, to export approximately 33 million tons of Ukrainian grain, which supported the Ukrainian economy on the one hand and reduced global grain prices on the other.
Turkiye seeks to revive the agreement to resume peace talks between Russia and Ukraine. Kyiv is relying mainly on overland and river port transport to export grain, which greatly limits the amount of grain exported.
Turkish Analysts warn that exporting without Russian approval increases the risks of a new conflict with Moscow in the Black Sea.
Source: Qatar News Agency