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