The Russia-#UN Memorandum on the promotion of Russian food products and fertilisers to world markets – an indispensable part of the package – has never really worked to a large degree due to the American and the #EU’s rampant sanctions campaign. A number of systematic objectives envisaged by the above MoU have not been implemented till today:

❎The Russian agricultural bank “Rosselkhozbank” has not been reconnected to the SWIFT system;
❎ Agricultural machinery, spare parts and any relevant equipment supplies for the production of farm products and fertilisers in Russia have not been resumed and are still banned as imports of “dual-purpose” goods;
❎The Western illegitimate unilateral restrictions on Russian cargo vessels insurance, reinsurance and access to foreign ports have not been lifted;
❎Foreign accounts of Russian agricultural companies and the ones involved into the production and transportation have not been unblocked and are still frozen;
❎The operation of the Togliatti-Odessa ammonia pipeline after it had been blown up by Ukrainians on June 5, 2023 has not been restored.

In fact, we witnessed a commercialization of an initially humanitarian initiative. Out of 32.8 million tonnes of cargo exported under the Initiative:
‼ almost 80% (26.3 million tonnes) was shipped to countries with high and higher than average income, including the EU;
‼ only 3% (922,094 tonnes) – to the low-income countries – Ethiopia, Yemen, #Afghanistan, Sudan and Somalia.

Given that significant portion of the Ukrainian arable land (over 17 million hectares) is owned by the American corporations such as Cargill, DuPont and Monsanto, one would be critically wrong to think that the entire scenario does not benefit the #USA and the EU.

The Deal also was misused to supply weapons to #Ukraine and launch strikes against civilian infrastructure, including the #Crimea'n Bridge.

In its turn, Russia is committed to continue supplying its agricultural products and fertilizers to world markets to meet the demands of the countries most in need, including on a gratuitous and preferential basis.

🔸 @RusEmbIndia

#Announcement

🇷🇺 🤝 🇮🇳 On December 27, 2023, negotiations between Russian Foreign Minister Sergey Lavrov and Indian Minister of External Affairs Dr S Jaishankar will be held in Moscow.

The Ministers will focus on the current and future areas of bilateral cooperation as well as discussion of the schedule of upcoming contacts.

⚡️ The main emphasis will be made on promoting the further building of sustainable transport, logistics and banking and financial chains, expanding the use of national currencies in mutual settlements. It is planned to touch upon issues of cooperation in high-tech areas, including space and nuclear ones, as well as the implementation of joint projects for the development of hydrocarbons on the Arctic shelf and in the Russian Far East.

The Ministers will compare notes on current international matters. The topic of interaction within the #UN, #SCO and #G20 will be discussed separately, as also the priorities of Russia's #BRICS chairmanship in the coming year. An in-depth exchange of views is expected on the issues of forming a fair security architecture in the Asia-Pacific region, the situation in Ukraine and Afghanistan, as well as the Palestinian-Israeli confrontation.

⚡️ Moscow and New Delhi are committed to multipolarity as an integral factor in ensuring the balance of the world order that has emerged over the recent decades. Russia supports countries of the Global South in upholding political and economic sovereignty amid the spread of neocolonial practices. The priority is to promote a positive agenda and build constructive interstate dialogue.

#RussiaIndia