AIRLINK 196.38 Increased By ▲ 4.54 (2.37%)
BOP 10.11 Increased By ▲ 0.24 (2.43%)
CNERGY 7.75 Increased By ▲ 0.08 (1.04%)
FCCL 38.10 Increased By ▲ 0.24 (0.63%)
FFL 15.74 Decreased By ▼ -0.02 (-0.13%)
FLYNG 24.54 Decreased By ▼ -0.77 (-3.04%)
HUBC 130.38 Increased By ▲ 0.21 (0.16%)
HUMNL 13.73 Increased By ▲ 0.14 (1.03%)
KEL 4.60 Decreased By ▼ -0.07 (-1.5%)
KOSM 6.19 Decreased By ▼ -0.02 (-0.32%)
MLCF 44.85 Increased By ▲ 0.56 (1.26%)
OGDC 206.51 Decreased By ▼ -0.36 (-0.17%)
PACE 6.58 Increased By ▲ 0.02 (0.3%)
PAEL 39.77 Decreased By ▼ -0.78 (-1.92%)
PIAHCLA 17.20 Decreased By ▼ -0.39 (-2.22%)
PIBTL 7.99 Decreased By ▼ -0.08 (-0.99%)
POWER 9.20 Decreased By ▼ -0.04 (-0.43%)
PPL 178.91 Increased By ▲ 0.35 (0.2%)
PRL 38.93 Decreased By ▼ -0.15 (-0.38%)
PTC 24.31 Increased By ▲ 0.17 (0.7%)
SEARL 109.27 Increased By ▲ 1.42 (1.32%)
SILK 1.00 Increased By ▲ 0.03 (3.09%)
SSGC 37.75 Decreased By ▼ -1.36 (-3.48%)
SYM 18.83 Decreased By ▼ -0.29 (-1.52%)
TELE 8.53 Decreased By ▼ -0.07 (-0.81%)
TPLP 12.14 Decreased By ▼ -0.23 (-1.86%)
TRG 64.76 Decreased By ▼ -1.25 (-1.89%)
WAVESAPP 12.11 Decreased By ▼ -0.67 (-5.24%)
WTL 1.64 Decreased By ▼ -0.06 (-3.53%)
YOUW 3.87 Decreased By ▼ -0.08 (-2.03%)
BR100 12,000 Increased By 69.2 (0.58%)
BR30 35,548 Decreased By -112 (-0.31%)
KSE100 114,256 Increased By 1049.3 (0.93%)
KSE30 35,870 Increased By 304.3 (0.86%)

VILNIUS: A first batch of Russian fertilizer which Latvia seized last year is being shipped to Kenya by the United Nations' World Food Programme, Latvia's Foreign Ministry said on Saturday.

Russia has cited the seizure as a key stumbling block to its continued participation in a Black Sea grains deal that allows Ukraine to export grains.

A vessel left the port of Riga on Friday with part of the 200,000 tonnes of seized fertilizer, the ministry said.

Several more vessels are due to transport the rest of the fertilizer which was seized in March 2022, a ministry spokesperson said.

Russia has indicated that it will not allow the Black Sea export deal which was brokered by the U.N. and Turkey in July, 2022, to continue beyond May 18 because a list of demands to facilitate its own grain and fertilizer exports have not been met.

Russia's Lavrov says almost nothing done to address grain deal concerns

Russia's foreign ministry has repeatedly named fertilizers stuck in Baltic Sea ports as one of the key stumbling blocks to continuing the deal.

The Latvian government described the shipments as a "donation" which it facilitated as "support for the countries that have been affected by the food crisis triggered by Russia’s war on Ukraine".

It was not immediately clear if Russia was satisfied with the shipment, or if it would boost chances of an extension of the grains deal.

The move comes ahead of a meeting in New York next week between Russian Foreign Minister Sergei Lavrov and U.N. Secretary-General António Guterres to discuss the grains deal, among other issues.

Lavrov has said nothing has been done to address Russia's concerns.

Most of the fertilizer seized in Latvia is owned by Uralchem and Uralkali, according to market sources and data seen by Reuters.

The companies used to be controlled by Russian oligarch Dmitry Mazepin, who gave up control last year after the European Union sanctioned him in March 2022 as "a member of the closest circle of Vladimir Putin".

The Uralchem-Uralkali Group said in February it intended to donate more than 34,000 tonnes of fertilizer stored in Latvia to Kenya.

Comments

Comments are closed.