UN Secretary General proposes to ease restrictions on the export of potassium from Russia

António Guterres said that he is discussing this issue with RUSSIA and Turkey, among other things.The condition for easing restrictions should be the passage of ships with grain from Ukraine

UN Secretary-General António Guterres has proposed easing restrictions on the EXPORT of Russian and Belarusian potash fertilizers in exchange for the passage of ships with grain from Ukrainian ports, The Wall Street Journal writes, citing informed diplomatic sources.

According to them, Guterres is negotiating with Russia, Turkey and other countries. Ankara expressed its readiness to take part in the clearance of the Black Sea and ensure maritime navigation, the newspaper reports.

The UN fears that rising grain prices and food shortages could destabilize the situation in poor countries dependent on Ukrainian grain and lead to conflicts.

The authorities proposed to temporarily limit the export of wheat from Russia Economics

According to the Food and Agriculture Organization of the United Nations (FAO), Russia is the world's largest exporter of wheat, and Ukraine ranks fifth. Together they provide 19% of the world's supply of barley, 14% of wheat and 4% of corn.

After the start of the Russian military operation in Ukraine, wheat prices jumped to record levels. BLOOMBERG attributed the jump in prices to fears that military operations in Ukraine would lead to a shortage of this cereal on the market. The fighting has cut off more than a quarter of global wheat exports, the agency said.

Wheat prices in Europe reached a record due to India's export ban

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In April, the Russian Defense Ministry suspended the passage of foreign warships and other government vessels in three areas of the Black Sea for six months, from April 24 to October 31. We are talking about an elongated section of the water area along the coast of Crimea (approximately from Sevastopol to Gurzuf), a rectangular area off the coast of the Kerch Peninsula (abeam of the Opuk Nature Reserve), as well as a small area of ​​the sea near the western tip of Crimea.

The European Union decided to limit the import of Russian fertilizers. The quota for potassium chloride will be 837.57 thousand tons, for other fertilizers containing potassium - 1.57 million tons. Imports of potash fertilizers are limited by the EU and from Belarus.