Russia: Turkey agrees in principle to handle 1 million tons of grain for Africa

Russia said Turkey agreed in principle to handle 1 million tons of discounted Russian grain for Africa, with financial support from Qatar.
Russia proposed this after quitting a deal that allowed Ukraine to export grain from Black Sea ports.
Russia wants to court African countries suffering food shortages with discounted grain.
Turkey would handle the onward export of the Russian grain, though details are unclear.
Since quitting the deal, Russia has attacked Ukrainian ports and grain stores, prompting accusations it uses food as a weapon.

reuters.com

Relevant topic timeline:

9/4/2023

Exclusive: Egypt buys nearly half a million tons of Russian wheat in private deal

Egypt's state grain buyer, the General Authority for Supply Commodities (GASC), purchased around 480,000 metric tons of Russian wheat in a private deal, negotiating lower prices than traditional tenders, as the country continues to shift towards direct purchases due to disruptions caused by the war in Ukraine.

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Russia is sticking to its conditions for a return to the Black Sea grain deal, including the requirement for its state agricultural bank to be reconnected to the international SWIFT bank payments system, according to Kremlin spokesman Dmitry Peskov.

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G20 Calls for Continued Grain Exports from Russia and Ukraine to Ease Global Food Inflation, Especially in Developing Nations

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Russia's Bumper Wheat Harvest Consolidates Control of Global Market Amid Ukraine War

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Erdogan Balances Relations with Russia and the West, Seeks to Revitalize Turkey-EU Ties

Turkish President Recep Tayyip Erdogan stated during an interview that he trusts Russia as much as he trusts the West, and although he failed to get Russia to resume a grain deal, he secured a pledge from Russia to supply 1 million tons of grain to Africa. Erdogan also expressed optimism about improving ties with the European Union and the United States.

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Posted 9/6/2023, 6:13:14 PM

Russia: Turkey agrees in principle to handle 1 million tons of grain for Africa

Russia said Turkey agreed in principle to handle 1 million tons of discounted Russian grain for Africa, with financial support from Qatar.
Russia proposed this after quitting a deal that allowed Ukraine to export grain from Black Sea ports.
Russia wants to court African countries suffering food shortages with discounted grain.
Turkey would handle the onward export of the Russian grain, though details are unclear.
Since quitting the deal, Russia has attacked Ukrainian ports and grain stores, prompting accusations it uses food as a weapon.

reuters.com

Relevant topic timeline:

9/4/2023

Exclusive: Egypt buys nearly half a million tons of Russian wheat in private deal

9/9/2023

Russia Holding Firm on Demands to Resume Grain Deal, Rejects UN Compromise

9/9/2023

G20 Calls for Continued Grain Exports from Russia and Ukraine to Ease Global Food Inflation, Especially in Developing Nations

The Group of 20 nations have urged uninterrupted grain exports from Russia and Ukraine to meet the demand in developing countries and reduce global food inflation.

9/16/2023

Russia's Bumper Wheat Harvest Consolidates Control of Global Market Amid Ukraine War

9/19/2023

Erdogan Balances Relations with Russia and the West, Seeks to Revitalize Turkey-EU Ties