• About
  • Advertise
  • Privacy Policy
  • Contact
Sunday, August 16, 2026
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result
in Around the Globe

Guterres Bemoans Grain Deal Collapse

Maynard Championby Maynard Champion
July 17, 2023
Reading Time: 4 mins read
Add as Preferred on Google
epa07042380 United Nations Secretary-General Antonio Guterres addresses the media after his meeting with President of the European Commission Jean-Claude Juncker (not pictured) at the United Nations Headquarters in New York, New York, USA, 23 September 2018.  EPA/JASON SZENES

epa07042380 United Nations Secretary-General Antonio Guterres addresses the media after his meeting with President of the European Commission Jean-Claude Juncker (not pictured) at the United Nations Headquarters in New York, New York, USA, 23 September 2018. EPA/JASON SZENES

The Secretary-General of the United Nations has expressed deep concerns about the collapse of the Russia-Ukraine grain deal. Antonio Guterres claimed that, Moscow’s choice to end the black sea grain transportation deal, will lead millions of people into hunger, and the sporadic increase in cost of food.

 “Today’s decision by the Russian Federation will strike a blow to people in need everywhere.”

UN General Secretary, Antonio Guterres.

After a full blown war broke out between the two neighboring nations, the export of grains and fertilizers from Ukraine and Russia respectively stalled, plummeting the cost of grains and fertilizers worldwide.

Grain Deal
Workers load grain at a grain port in Izmail, Ukraine.

However, through the intervention of the United Nations and Turkey, an agreement was reached between Moscow and Kyiv, for the exportation of grains and fertilizers via the Black Sea. The decision by Moscow to terminate the deal, also means Russia has withdrawn its security assurances for ships that uses the northwestern section of the Black Sea.

“Ultimately, participation in these agreements is a choice.  But struggling people everywhere and developing countries don’t have a choice.”

UN Secretary-General, Antonio Guterres.

According to Mr. Guterres, there are still barriers to the export of Russian agricultural and horticultural goods, and he reached out to President Vladimir Putin with a fresh idea to maintain the Black Sea Initiative.

ADVERTISEMENT
grain deal 2
Vessels are seen as they await inspection under the Black Sea Grain Initiative, brokered by the United Nations and Turkey, in the southern anchorage of the Bosphorus in Istanbul.

According to the General Secretary’s letter to the Russian Premier, the agreement and measures agreed upon by the Governments revealed that, Russia’s grain trade achieved high export volumes, and stabilized the fertilizer market.

The letter also listed UN actions that could ease commerce in the wake of restrictions against Russia, such as obtaining permits from the United States, the United Kingdom, and the European Union, as well as giving explanations and recommendations to the business community. 

In addition, the Secretary-General’s letter described how the UN desired a “dedicated solutions” in the financial and private industries, including developing a “bespoke payments mechanism” for the Russian Agricultural Bank beyond the SWIFT global banking system.

UN Inspectors are participating in Joint Coordination Centre operations as part of the Black Sea Grain Initiative
UN Inspectors are participating in Joint Coordination Centre operations as part of the Black Sea Grain Initiative.

On the other hand, Moscow also revealed that, the Agric Bank access to the SWIFT banking system, was a driving force in its decision-making. Guterres expressed his dissatisfaction that, Moscow turned blind eye to his new proposal.

Despite expressing his concerns about Russia pulling out of the deal, the Secretary-General remains optimistic that, grains and fertilizers from both Ukraine and Russia will continue to reach the international markets.

ADVERTISEMENT

While “taking into account the rise in human suffering that will inevitably result from today’s decision,” Mr. Guterres said he will continue to be committed to improving the worldwide availability of food and food price stability.

Csaba Korosi
Csaba Korosi, President of UN General Assembly.

Furthermore, the President of the UN general assembly, Csaba Korosi weighed into the discussions of the Russia’s withdrawal from the Black sea grain deal with Ukraine. He however, entreated the two nations to return to the negotiating table.

“The challenges are complex, they are interconnected, but they are not insurmountable. It is not too late,” a statement issued by his Spokesperson said.

ADVERTISEMENT

The President also expressed his regret about Moscow’s decision to call off the initiative. The Black Sea deal “has provided a lifeline to millions of people hit hard by the global food security crisis triggered by the war in Ukraine.”

READ ALSO:Tunisia Says, It Will Only Take Back Returning Tunisian Migrants

ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: Antoni GuterresBlack Sea DealCsaba KorosiRussiaUkraine
Please login to join discussion
Previous Post

DeSantis Says Israel Has “Strongest Claim Of Right” To West Bank

Next Post

It Is Unimaginable GAF Cannot Protect Its Own Lands- GAF

Related Posts

UNESCO
Around the Globe

UNESCO Reaffirms Support for Ukraine

August 16, 2026
A Sudanese Pregnant Woman
Around the Globe

War-Ravaged Darfur Puts Pregnant Women at Risk, UNFPA Warns

August 14, 2026
United Nations
Around the Globe

Yemen Faces Growing Risk of Large-Scale Conflict, UN Warns

August 13, 2026
United Nations
Around the Globe

UN Warns Red Sea Attacks Put Global Supply Chains at Risk

August 12, 2026
ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

ADVERTISEMENT

Recent News

17868977946273904032201322045123

Cristiano Ronaldo Hints at Retirement as Legendary Career Nears End

August 16, 2026
The interplay of Cost and Electricity

Electricity Cost Shock Threaten Ghana’s Industrial Recovery

August 16, 2026
download 2026 08 16T160858.813

Indonesia Earthquake Death Toll Rises to 53

August 16, 2026
Sky shot of Geoge Walker Bush Highway

New Traffic Rules Target Crashes, Emerging Transport Risks — NSRA Director

August 16, 2026
Peki Senior High Technical School (Peki SHTS)

Peki SHTS Calls on Government Intervention Over Infrastructure Crisis

August 16, 2026
ADVERTISEMENT
Next Post
file photo.

It Is Unimaginable GAF Cannot Protect Its Own Lands- GAF

The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.