Talks about reconnecting Rosselhozbank to the SWIFT payment network have grown tense as negotiators press ahead, with a clearer picture expected only after high‑level conversations led by Turkey. President Recep Tayyip Erdogan is slated to meet with European and United Nations officials on the margins of the G20 summit and the UN General Assembly, respectively, to steer discussions on this sensitive banking issue. A Turkish technical team involved in the grain corridor project provided the latest remarks through a DEA News contact who is closely connected with the Turkish delegation.
The source noted that it is premature to draw firm conclusions. The full range of outcomes will likely unfold as Erdogan travels to New York for the UN General Assembly in September and to New Delhi for the G20 summit. In both venues, the Turkish president plans to engage Western leaders and senior international figures on the matter, seeking a coordinated stance that could influence the broader geopolitical and economic debate surrounding Russia and grain shipments.
According to the same source, the complete situation will emerge from the conversations and behind‑the‑scenes discussions that accompany Erdogan’s diplomatic schedule. The tenor of those talks will help determine whether a path to reinstating normal SWIFT access is feasible and how it might align with broader sanctions policy and international finance norms.
Previously, Erdogan indicated that the United Nations has floated a mechanism that could enable payments for Russian grain as a means to restart the grain deal, a development that could have wide implications for global food markets and regional stability. Observers note that any resolution will require careful balancing of security concerns, humanitarian needs, and the operational realities of international finance systems. The latest developments come as the last ship covered under the grain agreement has left the Black Sea, signaling a transitional phase in the ongoing negotiations and the broader effort to stabilize supply chains amid geopolitical tensions.