https://en.sputniknews.africa/20230522/options-for-re-connecting-russian-agricultural-bank-to-swift-being-worked-out-source-1059399461.html
Options for Re-Connecting Russian Agricultural Bank to SWIFT Being Worked Out: Source
Options for Re-Connecting Russian Agricultural Bank to SWIFT Being Worked Out: Source
Sputnik Africa
Different options for re-connecting the Russian Agricultural Bank (Rosselkhozbank) to the SWIFT system are being worked out, including with the possibility of mediation by a Turkish bank, an informed source said.
2023-05-22T07:36+0200
2023-05-22T07:36+0200
2023-08-03T10:48+0200
russia
turkey (turkiye)
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"Yes, various options are being discussed related to reconnection [of Rosselkhozbank to SWIFT]. There are very active efforts on the part of the UN Secretary General [Antonio Guterres], there are our [official Ankara] efforts of various departments," the source said. When asked about the possibility of mediation by a Turkish bank, the source told Sputnik that this option "is also on the table," "such a possibility is being discussed."The source added that Turkiye, together with the United Nations (UN), is negotiating with the United States and the United Kingdom to remove obstacles to paying for Russian products, the export of which is planned as part of the grain deal.Earlier this month, the Russian Foreign Ministry said that the grain deal had been extended until July 17 without any changes, but if all problematic issues of the initiative are not resolved in two months, it would be terminated after July 17. The ministry added that there were five "systemic" tasks to be solved within the framework of the Russia-UN memorandum, including the re-connection of the Russian Agricultural Bank to the SWIFT system and the unfreezing of assets of Russian companies.
https://en.sputniknews.africa/20230518/grain-deal-extended-until-july-17-inclusive-without-any-changes-russian-foreign-ministry--1059336073.html
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Options for Re-Connecting Russian Agricultural Bank to SWIFT Being Worked Out: Source
07:36 22.05.2023 (Updated: 10:48 03.08.2023) ANKARA (Sputnik) - Different options for re-connecting the Russian Agricultural Bank (Rosselkhozbank) to the SWIFT system are being worked out, including with the possibility of mediation by a Turkish bank, an informed source familiar with the talks told Sputnik.
"Yes, various options are being discussed related to reconnection [of Rosselkhozbank to SWIFT]. There are very active efforts on the part of the UN Secretary General [Antonio Guterres], there are our [official Ankara] efforts of various departments," the source said.
When asked about the possibility of mediation by a Turkish bank, the source told Sputnik that this option "is also on the table," "such a possibility is being discussed."
The source added that Turkiye, together with the United Nations (UN), is negotiating with the United States and the United Kingdom
to remove obstacles to paying for Russian products, the export of which is planned as part of the grain deal.
"Currently, together with the UN, we are negotiating with Western countries, mainly with the US and the United Kingdom, in order to remove obstacles in financial transactions when Russian products gain access to world markets. The process is difficult, but negotiations continue. I can say that there is an understanding that this is necessary for the smooth operation of the mechanism," the source said.
Earlier this month, the Russian Foreign Ministry said that the grain deal had been extended until July 17 without any changes, but if all problematic issues of the initiative
are not resolved in two months, it would be terminated after July 17. The ministry added that there were five "systemic" tasks to be solved within the framework of the Russia-UN memorandum, including the re-connection of the Russian Agricultural Bank to the SWIFT system and the unfreezing of assets of Russian companies.
