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Why US-Russia Black Sea talks are making Europe nervous

by Index Investing News
March 24, 2025
in Economy
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This text is an on-site model of our Europe Categorical e-newsletter. Premium subscribers can enroll right here to get the e-newsletter delivered each weekday and Saturday morning. Commonplace subscribers can improve to Premium right here, or discover all FT newsletters

Good morning. Donald Trump’s craving for Greenland is again within the information: Mike Waltz, the US nationwide safety adviser, and power secretary Chris Wright will journey to the Danish Arctic island later this week and tour Pituffik Area Base, in what officers are billing as “a personal go to”.

Yesterday in Saudi Arabia, US and Ukrainian negotiators resumed talks over a possible peace deal. Beneath, I clarify why subsequent US-Russia talks immediately over the Black Sea are making European capitals nervous, and Laura lays out why the mass protests sweeping Turkey are problematic for Brussels.

Tomorrow, I’ll interview European Fee know-how chief Henna Virkkunen on stage on the Monetary Occasions’ occasion on Enabling Europe’s AI Ambitions in Brussels, alongside prime FT colleagues and senior officers and specialists. Register right here to attend without spending a dime, or watch on-line.

Murky waters

Europe’s Black Sea states are watching on nervously as US-Russia peace negotiations over Ukraine proceed immediately in Saudi Arabia, afraid of a potential deal that will restore a few of Moscow’s clout over the contested waters.

Context: US President Donald Trump has demanded a speedy finish to the struggle in Ukraine and opened bilateral negotiations with each Moscow and Kyiv in a bid to discover a framework for a peace deal. European nations usually are not straight concerned within the discussions.

Negotiators from Moscow and Washington will focus on Black Sea security and a possible resumption of export lanes in Riyadh immediately, with the intention of tying a naval deal to a wider peace settlement.

Mike Waltz, Trump’s nationwide safety adviser, stated yesterday the talks would deal with “a Black Sea maritime ceasefire in order that each side can transfer grain, gas and begin conducting commerce once more within the Black Sea”.

EU littoral states Romania and Bulgaria are cautious of any vital adjustments to the established order within the Black Sea as a part of any broader potential settlement between Russia and the US, officers from the area informed the Monetary Occasions, provided that it will broaden the Russian navy’s operational space.

Ukraine has efficiently pushed Russia’s navy out of the western a part of the ocean, in considered one of Kyiv’s most placing navy achievements of the greater than three-year-long struggle. Any settlement negotiated is thus anticipated to be helpful to Moscow, the officers stated, and will have an effect on their nations’ safety with out giving them a say.

“That is our neighbourhood and we don’t belief the Russians if they’re allowed extra freedom to function,” stated one of many officers.

US and Russian officers have described immediately’s talks as “technical”, involving mid-level officers reasonably than senior politicians.

Nonetheless, Trump’s prime Russia envoy Steve Witkoff yesterday appeared fairly bullish.

“I feel that you simply’re going to see in Saudi Arabia on Monday some actual progress, significantly because it impacts a Black Sea ceasefire on ships between each nations,” he informed Fox Information.

Chart du jour: Takeover

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Elon Musk’s ties to Donald Trump have gotten a hindrance to the worldwide rollout of Starlink — as showcased by his current unsuccessful efforts to salvage a $1.5bn cope with Italy.

Hazard indicators

The EU has warned Turkey to not stray from democratic requirements after the arrest of President Recep Tayyip Erdoğan’s foremost challenger and a whole bunch of protesters, writes Laura Dubois.

Context: Final week, Istanbul mayor Ekrem İmamoğlu was detained by police on corruption and terrorism costs, triggering mass protests. It’s the first time such a senior member of the principle opposition Republican Individuals’s get together (CHP) has been detained below Erdoğan’s longtime rule.

Yesterday, a court docket dominated that İmamoğlu ought to stay in jail awaiting trial, a choice which he referred to as a “black stain on democracy”. The federal government has additionally banned demonstrations in some cities and detained greater than 600 protesters across the nation since Friday.

These strikes put the EU in an ungainly place, at a time when Brussels is in search of nearer ties with Ankara within the face of threats from Russia and an detached US.

Subsequent month, the EU and Turkey are slated to carry a high-level financial dialogue for the primary time since 2019, when relations soured over Ankara’s unauthorised drilling operations within the jap Mediterranean.

However the arrest of İmamoğlu, who denies wrongdoing and beforehand introduced he desires to problem Erdoğan to the presidency, has pressured Brussels to react.

EU overseas affairs spokesperson Anitta Hipper stated yesterday that the arrests of İmamoğlu and the protesters “give rise to questions concerning Türkiye’s adherence to its long-established democratic custom”.

Hipper stated that as an EU accession candidate, “Türkiye should uphold democratic values”.

“The rights of elected officers, in addition to the proper for peaceable demonstrations must be revered,” she warned.

What to observe immediately

  1. EU chief diplomat Kaja Kallas visits Israel and Palestine.

  2. Assembly of EU agriculture and fishery ministers in Brussels

  3. Casual assembly of EU well being ministers in Warsaw.

  4. Lithuania’s Prime Minister Gintautas Paluckas meets his Estonian counterpart Kristen Michal in Tallinn.

Now learn these

  • Monetary disaster redux: High EU monetary watchdogs have informed the FT that watering down rules dangers one other financial meltdown.

  • Nuclear possibility: Trump’s pivot to Moscow and disrespect for Nato threatens the consensus on non-proliferation of nuclear weapons.

  • Maintain it flowing: Kyiv has referred to as on the EU to resume a commerce deal lifting duties and quotas on Ukrainian exports, or threat “actually damaging” penalties.

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Are you having fun with Europe Categorical? Join right here to have it delivered straight to your inbox each workday at 7am CET and on Saturdays at midday CET. Do inform us what you suppose, we love to listen to from you: [email protected]. Sustain with the newest European tales @FT Europe





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