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    SWIFT in exchange for food // Grain deal parties resume negotiations

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    Announced for May 5, the discussion of the grain deal by representatives of Russia, Ukraine, Turkey and the UN was postponed to next week – instead, preliminary technical negotiations took place in Istanbul. Judging by the statements made by the parties in recent days, one of the main issues discussed is the removal of restrictions imposed on the Russian Federation on the financial support of Russian grain supplies, including the return of the Russian Agricultural Bank (RSHB) to the SWIFT payment system. Meanwhile, not only the extension of the agreement, but also the development of the situation in the domestic markets of some EU countries, whose authorities have achieved a temporary ban on the import of certain types of grain from Ukraine, apparently depends on the readiness of the European Union to fulfill this part of the conditions of the Russian Federation.

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