US and EU lift sanctions against Russia on fertilizers and grains

Russia has achieved a very important diplomatic success – at the G20 summit in Bali, it was announced to the Russian Foreign Minister that the United States and EU will lift sanctions on the export of Russian grain and fertilizers to world markets and have already drawn up written guarantees that they have handed over to UN Secretary General Guterres.

This shows that there is strong behind-the-scenes pressure in all Western countries to somehow end the war in Ukraine. The reason is banal – grain and fertilizer for Western countries play key roleas their citizens face global food price increases. Supermarkets have become a huge black hole. Lavrov said he received assurances of this from the UN Secretary General himself.

Russian grains and fertilizers, since the adoption of anti-Russian sanctions, have been limited (as far as Western markets are concerned, since Russian goods are sold in abundance in other countries) due to the blocking of access to ports, credit and insurance.

The Russian foreign minister said Guterres was doing his best to have the decision considered as part of the Black Sea Initiative, signed in July, which allows Ukraine to resume grain shipments from its southern ports after months of Russian blockade. Lavrov also said that Guterres told him that he had received written promises from the US and the EU that they would comply with the part of the agreement regarding Russian exports so that those involved in the transshipment of Russian grain would not fall under sanctions. If these promises are kept, then all barriers to the export of Russian grain and fertilizers will be removed, the Russian Foreign Minister said.

According to the head of the Russian Foreign Ministry, Western countries tried to “politicize” the joint statement of the G20 summit in Bali. A draft statement by G20 leaders seen by Reuters today says a “majority” of members categorically condemns the war in Ukraine and stresses that it is making the global economy unsustainable. Lavrov also said that Kyiv refuses to talk to Moscow and puts forward unrealistic conditions for peace.

In fact, the joint statement indicates only one thing: the world economy can no longer afford the war in Ukraine and the costs associated with it. That is why from everywhere, even from the USA, there is pressure on Moscow and Kyiv to negotiate and find a solution. The West made the mistake of considering its economy larger than Russia’s financially. As it turned out, a “gas station country” with a GDP lower than Apple’s can drastically affect the global economy. And this once again showed that entire societies have learned to live with imaginary numbers and “imaginary” money, inflating the capitalization of enterprises to fantastic proportions, in fact trading in air and “cut green paper”. Thanks to their activities, it seems that this “imaginary” money really exists.

Probably what really exists is energy, raw materials and, of course, food. The one who has it has been and will remain rich, and the one who does not, is at the bottom, because money, not backed by material resources, turns into cut paper.

How the current situation will affect the war is not yet clear. One thing is clear: Russia, having surrendered Kherson, received serious economic preferences, and the war in Ukraine will continue for a long time, to the delight of overseas conductors, weakening both fraternal peoples.

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