Erdogan Urges G-20 to Meet Russian Demands on Grain Deal

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Erdogan Urges G-20 to Meet Russian Demands on Grain Deal
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(Bloomberg) -- Turkish President Recep Tayyip Erdogan is urging several Group of 20 leaders to meet some of Russia’s demands to try to revive a deal that had allowed Ukrainian grain shipments and eased global food prices. Most Read from BloombergEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsBoss of Failed Crypto Exchange Gets 11,000-Year SentenceCalifornia Shows an Electric-Car Uprising Headed for the USUS Probes Made-in-China Chip as Tensions Flare Over TechnologyEx-Goo

Erdogan, who helped broker the original Black Sea Grain Initiative in 2022, is making the push in closed-door meetings with leaders during the G-20 summit in New Delhi this weekend, people familiar with the talks said.While Turkey’s efforts aren’t likely to sway Ukraine’s allies in the US and Europe, Erdogan’s embrace of Russia’s demands underlines the challenges he faces in his balancing act in the wake of Moscow’s invasion of Ukraine.

G-20 members are expected to urge “immediate and unimpeded deliveries of grain, foodstuffs, and fertilizers/inputs from the Russian Federation and Ukraine,” according to people familiar with the discussions. Russia has rejected a compromise proposed by the UN, which would have been to set up a subsidiary of the sanctioned state farm bank Rosselkhozbank and allow that on SWIFT, several European diplomats said. They said Turkey frequently mentions the status of the grain talks during meetings. Ankara is trying to find consensus in an effort to revive the deal, an Indian official said.

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