UN, Africa bank form platform to ease Russia grains, fertiliser exports
Agricultural workers operate combines and trucks in a field during wheat harvesting in the Omsk region, Russia on September 8, 2022. PHOTO | ALEXEY MALGAVKO | REUTERS
The United Nations is working with the African Export-Import Bank (Afreximbank) to create a platform to help process transactions for Russian exports of grain and fertiliser to Africa, the top UN trade official told Reuters on Wednesday.
An agreement struck in July last year requires the UN to help Russia overcome any obstacles to its grain and fertilizer exports for three years. It was reached at the same time as a deal allowing the safe Black Sea export of food and fertiliser from Ukraine following Russia's February 2022 invasion.
