• Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans

Subscribe to Updates

Get the latest finance news and updates directly to your inbox.

Top News

Singles Day Highlights The Hidden Costs Of Aging Alone

November 11, 2025

Federal Report Highlights Health Hazards of Gas Stoves: 3 Unique Dangers They Pose — and How to Minimize Them

November 11, 2025

10 Reasons I Joined AARP — and Why You Should Too (Even If You’re Young)

November 11, 2025
Facebook Twitter Instagram
Trending
  • Singles Day Highlights The Hidden Costs Of Aging Alone
  • Federal Report Highlights Health Hazards of Gas Stoves: 3 Unique Dangers They Pose — and How to Minimize Them
  • 10 Reasons I Joined AARP — and Why You Should Too (Even If You’re Young)
  • Visa, Mastercard reach swipe-fee settlement: How it’ll affect your wallet
  • Trump’s 50-year mortgage proposal: What would it mean for homebuyers?
  • Top Social Security Tax Rising 4.8% In 2026, As Benefits Creep Up 2.8%
  • Clock Ticking for Homeowners As Thousands in Tax Credits Vanish Dec. 31. Here’s What to Do Before It’s Too Late.
  • What to Expect in a Second Job Interview and How to Nail It, According to Experts
Wednesday, November 12
Facebook Twitter Instagram
FintechoPro
Subscribe For Alerts
  • Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans
FintechoPro
Home » UN chief sends Russia bid to revive Black Sea grain deal
Investing

UN chief sends Russia bid to revive Black Sea grain deal

News RoomBy News RoomSeptember 3, 20231 Views0
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email Tumblr Telegram

© Reuters. FILE PHOTO: Turkish-flagged bulker TQ Samsun, carrying grain under UN’s Black Sea Grain Initiative, is pictured in the Black Sea, north of Bosphorus Strait, off Istanbul, Turkey July 17, 2023. REUTERS/Yoruk Isik/File Photo

By Michelle Nichols

UNITED NATIONS (Reuters) – United Nations Secretary-General António Guterres said on Thursday that he had sent Russian Foreign Minister Sergei Lavrov “a set of concrete proposals” aimed at reviving a deal that allowed the safe export of Ukrainian grain via the Black Sea (NYSE:).

Russia quit the deal in July – a year after it was brokered by the United Nations and Turkey – complaining that its own food and fertilizer exports faced obstacles and that not enough Ukrainian grain was going to countries in need.

Guterres’ letter comes ahead of a meeting between Russian President Vladimir Putin and his Turkish counterpart Tayyip Erdogan. Two Turkish sources told Reuters the pair will meet on Monday and primarily discuss Black Sea grain exports.

The Black Sea grain deal was intended to combat a global food crisis that the United Nations said had been worsened by Russia’s February 2022 invasion of Ukraine. Russia and Ukraine are both leading grain exporters.

“I believe we presented a proposal that could be the basis for a renewal, but a renewal that must be stable,” Guterres told reporters, without elaborating on details of the proposal.

“We cannot have a Black Sea initiative that moves from crisis to crisis, from suspension to suspension. We need to have something that works and that works to the benefit of everyone,” he said.

A Russian diplomat, speaking on condition of anonymity, told Reuters earlier on Thursday “there are no revelations” in Guterres’ letter to Lavrov and that it just “sums up of previous U.N. ideas, which didn’t fly.”

Lavrov said earlier on Thursday, after meeting with Turkish Foreign Minister Hakan Fidan in Moscow, that Russia sees no sign that it will receive the guarantees that will allow it to resume the Black Sea grain deal.

Russia has said that if demands to improve its own exports of grain and fertilizer were met, it would consider resurrecting the Black Sea agreement. One of Moscow’s main demands is for the Russian Agricultural Bank to be reconnected to the SWIFT international payments system. The EU cut it off in June 2022.

While Russian exports of food and fertilizer are not subject to Western sanctions imposed after Russia’s invasion of Ukraine, Moscow has said restrictions on payments, logistics and insurance have hindered shipments.

“We have some concrete solutions … allowing for more effective access of Russian food and fertilizers to global markets at adequate prices,” Guterres said. “I believe that, working seriously, we can have a positive solution for everybody.”

Read the full article here

Featured
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

Federal Report Highlights Health Hazards of Gas Stoves: 3 Unique Dangers They Pose — and How to Minimize Them

Burrow November 11, 2025

10 Reasons I Joined AARP — and Why You Should Too (Even If You’re Young)

Make Money November 11, 2025

Clock Ticking for Homeowners As Thousands in Tax Credits Vanish Dec. 31. Here’s What to Do Before It’s Too Late.

Burrow November 10, 2025

What to Expect in a Second Job Interview and How to Nail It, According to Experts

Make Money November 10, 2025

The Credit Card Perk That Quietly Helps With Prescription Costs For Baby Boomers

Savings November 10, 2025

Why Even Warren Buffett Is Cashing Out of One of His Biggest Winners Right Now

Burrow November 9, 2025
Add A Comment

Leave A Reply Cancel Reply

Demo
Top News

Federal Report Highlights Health Hazards of Gas Stoves: 3 Unique Dangers They Pose — and How to Minimize Them

November 11, 20252 Views

10 Reasons I Joined AARP — and Why You Should Too (Even If You’re Young)

November 11, 20251 Views

Visa, Mastercard reach swipe-fee settlement: How it’ll affect your wallet

November 10, 20250 Views

Trump’s 50-year mortgage proposal: What would it mean for homebuyers?

November 10, 20251 Views
Don't Miss

Top Social Security Tax Rising 4.8% In 2026, As Benefits Creep Up 2.8%

By News RoomNovember 10, 2025

The nation’s 75 million Social Security recipients will receive a 2.8% cost of living adjustment…

Clock Ticking for Homeowners As Thousands in Tax Credits Vanish Dec. 31. Here’s What to Do Before It’s Too Late.

November 10, 2025

What to Expect in a Second Job Interview and How to Nail It, According to Experts

November 10, 2025

The Credit Card Perk That Quietly Helps With Prescription Costs For Baby Boomers

November 10, 2025
Facebook Twitter Instagram Pinterest Dribbble
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
© 2025 FintechoPro. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.