Russia’s Putin and Turkey’s Erdogan Set to Seal Grain Deal on Sep 8

Putin and Erdogan Convene for Russia’s Grain Deal

A meeting between Russian President Vladimir Putin and Turkish President Recep Tayyip Erdogan will be held on September 8, 2023, in Sochi, Russia, to discuss the grain deal that would allow Ukrainian grain to be exported from the Black Sea. The war in Ukraine has blocked the export of millions of tons of grain, which has led to a food crisis around the world. Turkey has been trying to break the blockage of grain exports, and the meeting between Putin and Erdogan is seen as a critical step in that effort.

• The deal is a complex effort, and it would also address a number of issues like the security of the shipment, the payment mechanisms, and the lifting of sanctions. If the deal is successful, it would be a major breakthrough in the effort to alleviate the global food crisis.

• The grain would be transported through the Black Sea, and these zones are currently war zones. Turkey needs to guarantee the safety of the shipment and also coordinate with Russia and Ukraine to ensure that the shipments are not interrupted.

• The grain deal is a difficult issue to dissolve. Russia has been sanctioned by the West, and it does not have clear information on how it would be able to receive payment for the grain.

• Turkey could propose a payment mechanism that would bypass the sanctions, but it would be a complex and risky undertaking.

• Russia has demanded the West lift some of the sanctions in exchange for allowing grain exports. The West is unlikely to lift all of the sanctions, but it is willing to lift some of them in order to reach a deal.

The upcoming meeting between Putin and Erdogan is a significant opportunity to reach a deal on grain exports, and it is also a complex and challenging issue. Russia has agreed to the principle of the deal, but there are still some technical details that need to be worked out, and it is a positive development that the two leaders are willing to talk regarding the grain deal.

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