Olha Trofimtseva, Foreign Ministry Ambassador-at-Large, has criticised the possibility that the Russian bank will be offered a loophole allowing it to reconnect with the global financial network for the sake of the "grain deal". 

Earlier, the Financial Times reported that the EU is considering proposing a subsidiary of the sanctioned Russian Agricultural Bank to preserve the grain deal. 

Olha Trofimtsevaʼs noted on Telegram, on the one hand, any opportunities for agricultural exports are "good". However, according to her, making concessions to a blackmailer "means encouraging him to blackmail further". 

"It's a well-known axiom: a blackmailer doesn't stop if you fulfil his demands. He just comes up with new demands for blackmail. We will be watching," she added. 

Note Russian President Vladimir Putin has accused Western countries of failing to fulfil Russia's demands under the Black Sea Grain Initiative and said that Moscow is considering withdrawing from it. 

The Ukrainian Foreign Ministry believes Russia will likely withdraw from the Black Sea Grain Initiative in July.