NVDA Q3 Earnings Alert: Why our AI stock picker is still holding Nvidia stockRead More

US says working to identify alternative paths for Ukraine grain exports

Published 08/16/2023, 03:29 PM
Updated 08/16/2023, 03:30 PM
© Reuters. FILE PHOTO: An employee unloads wheat grains inside a storage in the village of Zghurivka, amid Russia's attack on Ukraine, in Kyiv region, Ukraine August 9, 2022.  REUTERS/Viacheslav Musiienko/File Photo
USD/RUB
-

By Humeyra Pamuk and Daphne Psaledakis

WASHINGTON (Reuters) - The United States on Wednesday condemned Russia's continued attacks on Ukraine's grain infrastructure and said it was working with partners to identify alternative options to ensure Ukrainian grain exports.

"The United States ... calls for Russia to immediately return to the Black Sea Grain Initiative," State Department deputy spokesperson Vedant Patel said in a briefing, referring to a pact that had allowed export of Ukraine grain by the Black Sea. Russia quit the deal on July 17.

Patel said the U.S. was seeking "to possibly find ways and corridors in which we can continue to get grain to the places it needs to go," without providing details. He added that Washington has not seen any indication from the Russians that they wanted to go back to the deal.

Since quitting the accord, Russia has attacked Ukrainian agricultural and port infrastructure. Exports through the corridor were vital to helping address a global food crisis worsened by Moscow's invasion of Ukraine.

Overnight air strikes damaged silos and warehouses at Reni on the Danube River, a vital wartime route for food exports, Ukrainian officials said. They posted photos of destroyed storage facilities and piles of scattered grain and sunflowers.

© Reuters. FILE PHOTO: An employee unloads wheat grains inside a storage in the village of Zghurivka, amid Russia's attack on Ukraine, in Kyiv region, Ukraine August 9, 2022.  REUTERS/Viacheslav Musiienko/File Photo

"Putin simply does not care about global food security," Patel said, adding that Moscow's attacks were escalating food shortages.

Moscow has repeatedly said that it was ready to return to the deal "immediately" once an accompanying agreement concerning Russian exports was implemented.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.