
Turkey and Russia are meeting to discuss Ukraine’s humanitarian export corridor
May, 31, 2022 Posted by Gabriel MalheirosWeek 202222
Russian Foreign Minister Sergei Lavrov will be in Turkey with a military delegation on June 8 to discuss the creation of a potential maritime corridor for Ukrainian agricultural exports, Turkish Foreign Minister Mevlut Cavusoglu said on Tuesday, May 31.
In a phone call with Turkish President Tayyip Erdogan on the 30th, President Vladimir Putin said Russia is ready to facilitate grain exports from Ukrainian ports in coordination with Turkey.
Speaking to the state-run Anadolu news agency, Cavusoglu said that conversations with the United Nations to reach an agreement on creating a humanitarian corridor on the Black Sea are still underway.
He said the UN had proposed forming a joint observation mechanism to monitor the sea lane and that Turkey was open to the idea.
The minister added that Russia wanted certain Western sanctions against its insurance sector repealed since it would affect ships participating in the possible transit network. In contrast, Ukraine did not wish for Russian vessels to approach its facilities in Odesa.
Chicago wheat futures tumbled on Tuesday after the Russian president expressed readiness to unlock grain loads blocked at Ukrainian ports. Corn futures also dropped.
Source: Money Times
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