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    Home > Top Stories > Russia says no agreement reached with Turkey on Ukrainian grain sale
    Top Stories

    Russia says no agreement reached with Turkey on Ukrainian grain sale

    Published by Wanda Rich

    Posted on June 9, 2022

    2 min read

    Last updated: February 6, 2026

    Kremlin spokesperson Dmitry Peskov addresses the media regarding ongoing discussions about the sale of Ukrainian grain to Turkey, amid allegations of Russian theft. This image highlights the political tensions surrounding grain exports crucial for global food security.
    Kremlin spokesperson Dmitry Peskov discusses Ukrainian grain sale talks - Global Banking & Finance Review
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    Tags:International tradeforeign currencyfinancial crisiseconomic growth

    Quick Summary

    LONDON (Reuters) -The Kremlin said on Thursday that no agreement had been reached to sell grain from Ukraine to Turkey – which Ukraine says Russia has stolen from it – but that work on a deal was continuing.

    LONDON (Reuters) -The Kremlin said on Thursday that no agreement had been reached to sell grain from Ukraine to Turkey – which Ukraine says Russia has stolen from it – but that work on a deal was continuing.

    Moscow denies stealing the grain but the United States says there are credible reports that Russia is “pilfering” it.

    Yevgeny Balitsky, a Russian-installed official in charge of Russian-occupied areas of Ukraine’s Zaporizhzhia region, said this week that grain had been transported from there to Crimea, en route to the Middle East.

    Asked if any deal had been reached to sell this grain to Turkey or a Middle Eastern country, Kremlin spokesperson Dmitry Peskov said: “So far no agreements have been reached, work is continuing.”

    He said he could not confirm Balitsky’s statement that the grain had been sent by rail to Crimea, which Russia seized from Ukraine in 2014.

    Russian Foreign Minister Sergei Lavrov on Wednesday rounded on a Ukrainian reporter who asked him about Russian “theft” at a news conference in Turkey, saying: “You (Ukrainians) are always so preoccupied with what you can steal and from where, and you think that everyone acts that way.”

    Ukraine is a major grain exporter to Africa and the Middle East and disruption to these shipments as a result of Russia’s invasion is pushing prices higher, fuelling an international food crisis.

    Turkey has been pushing for an agreement between Russia and Ukraine on a plan to resume grain exports from Ukrainian ports. Lavrov said after his talks there that Russia had done its part and it was up to Ukraine to de-mine its ports so ships could exit to the Black Sea.

    Ukraine used to export most of its goods by sea but since Russia’s Feb. 24 invasion has been forced to transport grain by train via its western border or via small Danube river ports.

    Russia, which calls its actions in Ukraine a “special military operation”, said on Tuesday that two major Ukrainian ports on the Sea of Azov seized by Russian forces were ready to resume grain shipments.

    (Reporting by Reuters; Editing by Mark Trevelyan and David Evans)

    Frequently Asked Questions about Russia says no agreement reached with Turkey on Ukrainian grain sale

    1What is foreign currency?

    Foreign currency is any currency that is not the domestic currency of a particular country. It is used in international transactions and can fluctuate in value based on market conditions.

    2What is a financial crisis?

    A financial crisis is a situation in which the value of financial institutions or assets drops significantly, leading to a loss of confidence and potentially resulting in economic downturns.

    3What is economic growth?

    Economic growth is the increase in the production of goods and services in an economy over a period of time, typically measured by the rise in Gross Domestic Product (GDP).

    4What is market volatility?

    Market volatility refers to the rate at which the price of securities increases or decreases for a given set of returns. It is often associated with uncertainty and risk in financial markets.

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