Russian President Putin supports the idea of the United Nations and the African Union to lift the blockade on 260,000 tons of fertilizer that Uralchem company is ready to provide free of charge.
Tractor sprays fertilizer on a field in Goias state (Brazil), May 19, 2022.
On November 23, Russian President Vladimir Putin announced that the country is ready to expand fertilizer exports to the world market and cooperate with all partners in this field.
Speaking at a meeting with the Chairman of the Committee for Production and Trade of Mineral Fertilizers of the Russian Association of Industrialists and Entrepreneurs (RSPP), Mr. Dmitry Mazepin – Chairman of Uralchem Fertilizer Corporation, President Putin objected. blocking the supply of fertilizer to countries in need.
According to him, these barriers will only negatively affect the world market. Despite these obstacles, Russia is still promoting exports, ready to expand supply to all partners without exception.
In addition, the Russian leader noted that the Uralchem corporation is one of the largest producers of nitrogen, potassium and ammonia fertilizers in the world. Mr. Putin supported Mr. Mazepin’s idea that the United Nations and the African Union (AU) would lift the blockade on 260,000 tons of fertilizer that Uralchem company is ready to provide free of charge.
[US, EU commit to create favorable conditions for Russian grain and fertilizer exports]
According to Mr. Mazepin, there are now more than 400,000 tons of fertilizer blocked in European ports due to sanctions. Of these, Uralchem has 262,000 tonnes at the ports of Estonia, Latvia, Belgium and the Netherlands, while Acron has 52,000 tonnes and EuroChem has 100,000 tonnes. RSPP is working to solve the problem to ensure fertilizer supply to developing markets, including Africa.
Previously, on November 17, the Black Sea Grain Initiative agreement, signed separately by Russia and Ukraine with the United Nations and Turkey and due to expire on November 19, was extended by four months. under current terms.
The United Nations Conference on Trade and Development (UNCTAD) is trying to address the concerns of the Russian side regarding fertilizers, which may affect the recently renewed agreement. Russia wants to ensure that grain and fertilizer exports are part of the deal, but says its cargo ships are indirectly affected by the sanctions.