Dmitry Peskov, the spokesperson for the Russian President, stated on July 17 that the "grain deal" has been suspended.

"The agreements have practically ceased to be in effect today," RBC quoted Peskov.

He attributed the rupture of the agreement to the unfulfilled part concerning Russia.

"As soon as the Russian part of the agreements is fulfilled, Russia will immediately return to fulfilling the agreement," said Peskov.

Maria Zakharova, the Foreign Ministry Spokeswoman, informed RIA Novosti that Russia has officially notified Türkiye, Ukraine, and the UN Secretary General today about its objections to the extension of the "grain deal."

Recently, Russia has regularly threatened not to extend the grain corridor despite calls from the UN and Türkiye, mediators in the agreement.

On Friday, Turkish President Recep Tayyip Erdoğan stated that he and Russian President Vladimir Putin shared the same opinion on extending "grain deal."

However, later the Kremlin refuted the statements made by the Turkish president.

According to media reports, the EU was considering concessions to the Russian bank for the sake of the "grain deal," incliding the reconnection of the Russian Agricultural Bank (Rosselkhozbank) to the international payment network SWIFT.