The Russian Ministry of Agriculture has determined the current weekly levies imposed on grain exports.
Thus, for the period from July 5 to July 11, 2023, the duty on wheat exports from Russia will be 2,609.6 rubles ($29.16) per ton, and that on corn - 832.7 rubles ($9.3) per ton. For barley, the duty continues to be zero.
The export duty rate for wheat was calculated at an indicative price of $245 per ton, for barley at $178.1 per ton, and for maize at $201.7 per ton.
Regarding the Black Sea Corridor, new nuances emerged during the week. On Friday, Russian Foreign Minister Sergey Lavrov told an online briefing that, at the moment, Russia does not see any factors to extend the grain deal, as part of it has long been commercialized.
However, the UN said its representatives may hold a meeting with Russia to extend the grain deal in the near future. According to the organization, the UN has already taken a number of actions to facilitate Russian exports.
“The trade disruption happened quickly, but the reverse process takes much longer. A first step was to create the legal and policy frameworks necessary to facilitate access to world markets for Russian food and fertilizers. To this end, the UN helped secure the issuance of a US General License 6B and 6C, as well as two UK General Licenses for finance and food and fertilizer trading," the UN press office said.
The speech of Italian Deputy Prime Minister Antonio Tajani, who is also the country's foreign minister, was not so positive. According to him, at this stage there is no clear prospect for Ukrainian peace talks.
"There are no prospects for starting peace talks because both the Ukrainians and the Russians are making sharp statements," he said during a broadcast on the Rete-4 TV channel.
According to Tajani, peace talks can be initiated through practical actions, such as "leaving the Black Sea Corridor for transporting Ukrainian grain and creating a security zone around the Zaporizhia NPP."
Leave a comment