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UN asks Putin to extend Black Sea grain deal in return for SWIFT access

  • UN Secretary-General Antonio Guterres has proposed to Russian President Vladimir Putin that a grain export deal from Ukraine be extended in exchange for connecting a subsidiary of Russia's agricultural bank, which was cut off from the SWIFT international payment system by the EU.
  • Russia has threatened to end the grain deal due to unmet demands to export its own grain and fertilizer. One of Moscow's key demands is reconnecting the Russian agricultural bank to the SWIFT network.
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U.N. Secretary-General António Guterres is proposing Russian President Vladimir Putin, in exchange for indirectly joining a subsidiary of Russian agricultural bank Rosselchozbank to the international payment system SWIFT, a nod to extend an agreement allowing safe export of grain from Ukraine via the Black Sea. This is reported by Reuters news agency.

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  • 43% of the sources lean Right
43% Right
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Middle East Monitor broke the news in London, United Kingdom on Wednesday, July 12, 2023.
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