Russia wants West to ease sanctions due to grain deal

Russia is demanding an exception from sanctions as part of an agreement with Ukraine.

Russia wants the West to ease sanctions on state agricultural lender Rosselkhozbank to facilitate Russian grain exports.

Such an action would enable the bank to process payments for Russian cereals and foods, Reuters news agency reports.

Rosselkhozbank would be new to this role, which was fulfilled by international banks and Russian banking branches in Switzerland ahead of sanctions.

Reuters said the news came from four sources familiar with grain deal talks, although they did not say what kind of response Russia received to its request, Klankosova conveys. tv

Moscow suspended its participation in the safe Black Sea grain corridor in late October, but was reunited after four days, facilitating fears of further disruptions of grain exports from the main supplier of Ukraine at a time of global food inflation.