Russia’s Medvedev warns Moscow will scrap grain deal if G-7 bans exports

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MOSCOW – Russian former president Dmitry Medvedev said on Sunday that if the G-7 moved to ban exports to Russia, Moscow would respond by terminating the Black Sea Grain deal that enables vital exports of grain from Ukraine.

The Group of Seven (G-7) countries are considering a near-total ban on exports to Russia, Japan’s Kyodo news agency reported last week, citing Japanese government sources.

The Black Sea Grain Initiative was reached with UN and Turkish mediation last July.

It unblocked three Ukrainian Black Sea ports five months after Russia’s invasion.

The pact was designed to alleviate a global food crisis and to support Ukraine, whose economy relies heavily on agricultural exports. REUTERS

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