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Reuters
Reuters
Business

Analysis: UN's grain-for-fertiliser plan holds little appeal for Moscow

United Nations Russia Ukraine Moscow Black Sea Dmitry Peskov Vladimir Putin Belarus
FILE PHOTO: Ears of wheat are seen in a field near the village of Zhovtneve, Ukraine, July 14, 2016. REUTERS/Valentyn Ogirenko/File Photo

Russia has little to gain from agreeing to a U.N. proposal that it unblock Ukraine's grain exports via the Black Sea in exchange for the freeing of Russian and Belarusian fertiliser exports from Western sanctions, industry experts in Russia say.

    U.N. Secretary-General Antonio Guterres said last week he was in "intense contact" with Russia, Ukraine, Turkey, the United States and the European Union, urging "goodwill on all sides" to restore Ukrainian grain exports as a global food crisis worsens.

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