Forbes: Russia will never bury the grain agreement for one reason

21 March 2023, 20:16 | Economy 
фото с Зеркало недели

Both Russia and Ukraine need to keep grain exports. But Russian output and exports eclipse those of Ukraine, making Moscow the biggest beneficiary of the grain deal extension..

Forbes writes about this, recalling that there was a lot of noise around the last continuation of the agreements between Ukraine, Turkey, the UN and Russia.. However, the truth is that there is no reason to fear whether grain will continue to flow from the Black Sea to international markets.. Will!

“Russia is not interested in undermining the flow of grain (with the exception of Ukrainian) because it is the main beneficiary of the free flow of goods through the Black Sea. Ukraine has no choice but to support the agreement. She has no viable option but to agree to an agreement to transport grain across the sea regardless of the conditions.. Turkey is shown in a favorable political light by allowing grain to pass through the straits. She receives fees and benefits from an economic and political position to help " Everyone wins. But Russia is the biggest winner,” the publication explains..

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Russia exports 43.5 million tons of wheat, while Ukraine exports only 13.5 million, according to fresh data from the USDA, and that's assuming the Russians don't slow down Ukrainian shipments or bomb Ukrainian export ports.. Moscow has been doing one and the other regularly since the beginning of the war.

Russia also exports other goods via the Black Sea, including oil and minerals.. All this is highly dependent on the passage of ships through the Black Sea straits controlled by Turkey..

“Russia will bluff and use rhetoric to gain a PR advantage in negotiations. But she won't stop the grain deal. Turkey and Ukraine really have no other choice but to continue down this path.. Talking about duration - 60 days, half a year or a year, whatever - is not really real.. Russia needs goods to pass through the Black Sea. Ukraine and Turkey are just random beneficiaries. And Russia can do everything it has done since the start of the war to harm Ukraine, such as slowing down grain inspections to slow down the export of Ukrainian volumes, as well as hitting major export ports such as Odessa to stop exports altogether,”.

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Forbes notes that grain will come from the Black Sea now and in the future. Because it is in the interests of all parties. And any other outcome just can't even be discussed. Any talk to the contrary is just political posing and nothing more..

Источник: Зеркало недели