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President Vladimir Putin on Wednesday threatened to abandon the UN-brokered Ukraine grain export deal which has lately been declared by Turkey to be a ‘success’ – given at this point dozens of cargo ships have now traversed the Black Sea from Ukrainian ports since the agreement signed in Istanbul went into effect.
The Russian leader alleged while giving an opening speech before the Eastern Economic Forum in Vladivostok on Wednesday that Western powers are acting “like colonial powers” and using the deal deceptively. He described that while Western officials decried Russia’s blocking food from getting to global south countries, such as in Africa or in Asia, the reality is that most of the ships to depart through the ‘safety corridor’ so far have ended up in Europe, according to his assertions.
The grain deal, finalized in late July, was preceded by months of EU and US officials decrying Moscow policies in blockading Ukraine’s coast, which they said would cause famine in the developing world – heavily reliant on grain from the region. The Kremlin response was to blame Ukraine’s military for mining its own ports…
To read more visit Zero Hedge.
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