Smarter News Now
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • Email Whitelisting
No Result
View All Result
  • Top News
  • Economy News
  • Forex News
  • Investing News
  • Stock News
  • Politics News
  • Editor’s Pick
  • Top News
  • Economy News
  • Forex News
  • Investing News
  • Stock News
  • Politics News
  • Editor’s Pick
No Result
View All Result
Smarter News Now
No Result
View All Result
Home Investing News

US urges nations to reach out if having issues with Russian food, fertilizer

by
June 23, 2022
in Investing News
0
US urges nations to reach out if having issues with Russian food, fertilizer
0
SHARES
13
VIEWS
Share on FacebookShare on Twitter
ST. BASIL’S CATHEDRAL is seen during the Victory Day Parade in Moscow, Russia, June 24, 2020. — REUTERS/SHAMIL ZHUMATOV

NEW YORK — Countries should ask the United States for help if they have any problems importing Russian food and fertilizer, a senior US official said on Wednesday, stressing that such goods were not subject to US sanctions over Moscow’s war in Ukraine.

“Nothing is stopping Russia from exporting its grain or fertilizer except to own policies and actions,” US State Department Bureau of Economic and Business Affairs Assistant Secretary, Ramin Toloui, told reporters.

But he added that concerns had been raised about “so-called over compliance with sanctions.” Washington has slapped Moscow with a broad range of sanctions since Russia invaded neighboring Ukraine on Feb. 24.

Facilitating Russian food and grain exports is a key part of attempts by U.N. and Turkish officials to broker a package deal with Moscow that would also allow for shipments of Ukraine grain from the Black Sea port of Odesa.

A meeting between Russia, Ukraine, Turkey and U.N. officials would likely be held in Istanbul in coming weeks, sources in the Turkish presidency said on Tuesday.

“We are fully supportive of this and want to see that play out,” Mr. Toloui said of the U.N. efforts. “We’ll continue close coordination with the U.N. delegation and the government of Ukraine on ways to mitigate the impacts to global food security of (Russian President Vladimir) Putin’s war in Ukraine.”

Russia’s war has stoked a global food crisis. Russia and Ukraine account for nearly a third of global wheat supplies, while Russia is also a key fertilizer exporter and Ukraine is an exporter of corn and sunflower oil.

Moscow denies responsibility for the food crisis, blaming Western sanctions and Ukraine for mining its Black Sea ports.

“The United States does not want there to be impediments to the ability of countries, companies to purchase Russian food, Russian fertilizer, and for those goods to access international markets,” Mr. Toloui said.

He encouraged countries to contact the US Treasury Department or local US embassies if they were having issues.

US Secretary of State Antony Blinken will attend a food security ministerial meeting in Germany on Friday ahead of a three-day Group of Seven (G7) nations summit, also in Germany, starting Sunday. — Reuters

ShareTweetPin

Related Posts

Stocks decline on profit taking, recession fears
Investing News

Stocks decline on profit taking, recession fears

August 23, 2022
Peso climbs vs dollar as RTB offer starts
Investing News

Peso climbs vs dollar as RTB offer starts

August 23, 2022
PNR cancels bids for 3 projects after finding them ‘non-feasible’
Investing News

PNR cancels bids for 3 projects after finding them ‘non-feasible’

August 23, 2022
Senate grills Rodriguez on approval procedures for sugar import order
Investing News

Senate grills Rodriguez on approval procedures for sugar import order

August 23, 2022
Trade dep’t expecting sugar price monitoring report by Friday
Investing News

Trade dep’t expecting sugar price monitoring report by Friday

August 23, 2022
Fisherfolk seek halt to reclamation on municipal fisheries
Investing News

Fisherfolk seek halt to reclamation on municipal fisheries

August 23, 2022
Next Post
Nuclear is the future: Trouble is, nobody wants a reactor in their backyard

Nuclear is the future: Trouble is, nobody wants a reactor in their backyard

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Email Address *
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
 

Recommended

Modi says India aims to become developed nation in 25 years

Modi says India aims to become developed nation in 25 years

August 15, 2022
NCAA Volleyball Finals: CSB Lady Blazers too good for Arellano U Lady Chiefs

NCAA Volleyball Finals: CSB Lady Blazers too good for Arellano U Lady Chiefs

July 20, 2022
Obiena settles for bronze medal finish in Silesia, Poland

Obiena settles for bronze medal finish in Silesia, Poland

August 7, 2022
Small Business Transaction Categories Every Startup Owner Should Master

Small Business Transaction Categories Every Startup Owner Should Master

June 5, 2022
Reclaiming the throne

Reclaiming the throne

July 20, 2022
Credit card borrowing in fastest rise since 2005

Credit card borrowing in fastest rise since 2005

August 1, 2022
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • Email Whitelisting

Copyright © 2022 SmarterNewsNow.
All Rights Reserved.

Disclaimer: SmarterNewsNow.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

No Result
View All Result
  • About Us
  • Contact Us
  • Email Whitelisting
  • Home
  • Privacy Policy
  • Terms & Conditions
  • Thank You

Copyright © 2020 SmarterNewsNow. All Rights Reserved.