Russia Sticks to Demands on Black Sea Grain Deal, Rejects UN Bank Proposal

Russia Sticks to Demands on Black Sea Grain Deal, Rejects UN Bank Proposal
Turkish-flagged cargo ship Polarnet, carrying Ukrainian grain, passes by Osmangazi Bridge entering Gulf of Izmit, Turkey, on Aug. 8, 2022. Yoruk Isik/Reuters
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Russia said on Saturday it was sticking to its conditions for a return to the Black Sea grain deal which it quit in July.

In particular, Kremlin spokesman Dmitry Peskov said Russia needed its state agricultural bank—and not a subsidiary of the bank, as proposed by the United Nations—to be reconnected to the international SWIFT bank payments system.