Business

Russia ready to give fertilizers to poor nations for free – Putin — Analysis

According to the Russian President, huge amounts of fertilizers have been held up in EU ports.

Russian President Vladimir Putin announced Friday that Russia will provide free 300,000 tonnes of fertilizers, currently stored at EU ports by Western sanctions against developing countries.

At a summit meeting at the Shanghai Cooperation Organization, (SCO), in Uzbekistan the Russian leader stated that he has discussed agricultural export problems with UN Secretary-General Antonio Guterres.

The day before yesterday I informed Mr. Guterres that 300,000 tons of Russian fertilizers had piled up in the European Union’s seaports,” Putin said, adding that Moscow is “They are available to be given to countries in need for no cost,” and that such deliveries would be instrumental in alleviating the global food crisis.

Late July saw the signing of a agreement between Kiev and Moscow that unblocks Ukrainian grain exports through the Black Sea. This was reached at UN-brokered meetings in Istanbul. It is expected that Russia will be able to supply fertilizers to the global market. Russian officials criticize West for not honouring the deal repeatedly.




While Putin welcomed the decision to allow Russian fertilizers into the EU, he criticized Brussels for only allowing the bloc’s member states to buy them.

They were the only ones who could buy our fertilizers. How about those in developing countries, some of the poorest nations on the planet??” he asked.

Putin asked the UN Secretariat to leverage the EU Commission so that “not in words, but in deeds, [it]This demands that these discriminatory restrictions be removed from developing countries” by allowing Russian fertilizers to reach emerging markets.

On Thursday, Russia’s permanent representative to the UN Vassily Nebenzia said that the “illegal unilateral sanctions” the West has imposed on Moscow over the Ukraine conflict are still blocking the export of Russian food products and fertilizers to global markets despite earlier agreements.

He also accused EU officials of “Selfishness, hypocrisy and cynicism” for prohibiting European carriers from transporting Russian fertilizers to Africa, Asia or Latin America, while allowing deliveries to EU countries.

Tags

Related Articles

Back to top button