Putin Warns Russia Could Drop Grain Deal after 60 Days

A worker loads a truck with grain at a terminal during barley harvesting in Odesa region, as Russia's attack on Ukraine continues, Ukraine June 23, 2022. (Reuters)
A worker loads a truck with grain at a terminal during barley harvesting in Odesa region, as Russia's attack on Ukraine continues, Ukraine June 23, 2022. (Reuters)
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Putin Warns Russia Could Drop Grain Deal after 60 Days

A worker loads a truck with grain at a terminal during barley harvesting in Odesa region, as Russia's attack on Ukraine continues, Ukraine June 23, 2022. (Reuters)
A worker loads a truck with grain at a terminal during barley harvesting in Odesa region, as Russia's attack on Ukraine continues, Ukraine June 23, 2022. (Reuters)

Russian President Vladimir Putin reaffirmed on Monday that Moscow has agreed to extend a deal allowing the exports of Ukrainian grain to global markets only for 60 days and could drop it altogether if its conditions aren't met.

Speaking at a parliamentary meeting in Moscow attended by lawmakers from African countries, Putin emphasized that Russia expects the facilitation of exports of its own agricultural products as part of a package agreement.

“A fair and comprehensive implementation of the Black Sea grain deal can only be ensured if our position is taken into account, and depending on that we will deal with the issue of our further participation in it,” Putin said.

The UN and Türkiye brokered July's agreement that allowing Ukraine — one of the world’s key breadbaskets — to ship food and fertilizer from three of its Black Sea ports. The 120-day agreement was renewed last November. Russia agreed to extend it again when it expired Saturday, but noted that it has only accepted a 60-day extension.

Ukraine has charged that the 60-day extension contradicts the deal, but the agreement allows the parties to roll it over or “modify” it — as Russia did. The United Nations and Turkish President Recep Tayyip Erdogan confirmed the extension, but neither said how long it would last, reflecting their inability to force Russia's hand.

Moscow has voiced frustration that a parallel agreement has failed to fully open the door to Russian exports of grain and fertilizer through the Black Sea. Still, overall Russian wheat shipments were at or near record highs in November, December and January, increasing 24% over the same three months a year earlier, according to financial data provider Refinitiv.

Stéphane Dujarric, the spokesman for UN Secretary-General Antonio Guterres, said in a statement that 25 million metric tons (about 28 millions tons) of grain and foodstuffs had moved to 45 countries under the initiative, helping to bring down global food prices and stabilizing markets.

Putin used Monday's conference attended by African lawmakers to press the long held Russian claim that a significant part of grain exported under the deal was sent to “well-stocked” European markets and only a fraction ended up in African markets.

He added that if Russia decides not to extend the deal after 60 days it will be ready to provide African countries with free grain.

Food prices surged to record highs after Russian troops rolled into Ukraine last February, helping contribute to a global food crisis also tied to the lingering effects of the COVID-19 pandemic and climate factors like drought.

The disruption in shipments of grain needed for staples of diets in places like Egypt, Lebanon and Nigeria exacerbated economic challenges and helped push millions more people into poverty or food insecurity. People in developing countries spend more of their money on basics like food.

The crisis left an estimated 345 million people facing food insecurity, according to the UN’s World Food Program.



Iran Seeks De-escalation with Europe Ahead of Trump’s Inauguration

People walk while shopping in a street in Tehran, Iran, 13 January 2025. Iranians are facing an economic crisis that, due to recent tension between Iran, Israel, and the US, has extended. (EPA)
People walk while shopping in a street in Tehran, Iran, 13 January 2025. Iranians are facing an economic crisis that, due to recent tension between Iran, Israel, and the US, has extended. (EPA)
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Iran Seeks De-escalation with Europe Ahead of Trump’s Inauguration

People walk while shopping in a street in Tehran, Iran, 13 January 2025. Iranians are facing an economic crisis that, due to recent tension between Iran, Israel, and the US, has extended. (EPA)
People walk while shopping in a street in Tehran, Iran, 13 January 2025. Iranians are facing an economic crisis that, due to recent tension between Iran, Israel, and the US, has extended. (EPA)

Iran has released European detainees in an apparent bid to reduce tensions with European powers. This move coincides with the start of a second round of closed-door talks aimed at reviving the 2015 nuclear deal.

The timing comes just days before US President Donald Trump, known for his “maximum pressure” campaign against Tehran, was set to begin his second term.

European diplomats from France, Germany, and the UK met with their Iranian counterparts to address disputes and attempt to break the deadlock in nuclear negotiations. These talks follow a secret meeting two months ago in Geneva, which ended without progress.

Western nations remain alarmed by Iran’s nuclear advancements. The International Atomic Energy Agency (IAEA) reports that Iran is the only country enriching uranium to 60% purity, close to weapons-grade levels, far beyond what is needed for civilian purposes.

Iran denies seeking nuclear weapons, claiming its program is peaceful. However, Western powers argue there is no legitimate reason for enrichment at such high levels unless it aims to produce nuclear weapons.

With negotiations stalling, both sides face growing pressure to find a diplomatic solution and avoid further escalation.

Germany’s Foreign Ministry clarified that the ongoing discussions are “consultations,” not formal negotiations.

Iran’s Foreign Ministry spokesperson Esmail Baghaei said the talks, expected to last several days, will address a wide range of issues. He added that Iran’s main goal is to lift sanctions, while also listening to concerns raised by other parties.

France’s Foreign Ministry called the meeting a sign of European commitment to finding a diplomatic solution to Iran’s nuclear program, which remains a major concern due to its rapid progress.

The talks come as Iran faces growing regional challenges, including Israeli strikes on its allies Hamas and Hezbollah, and the collapse of Syrian President Bashar al-Assad’s regime, a key partner in the region.

Iran hopes these efforts will help ease tensions and improve its standing with Europe as diplomatic pressure mounts.