https://sputnikglobe.com/20220412/food-crisis-caused-by-ukrainian-conflict-may-cost-world-8-9bln---un-wfp-1094712117.html
Food Crisis Caused by Ukrainian Conflict May Cost World $8-9Bln, UN WFP Says
Food Crisis Caused by Ukrainian Conflict May Cost World $8-9Bln, UN WFP Says
Sputnik International
MOSCOW, Sputnik - The food crisis feared in the aftermath of the conflict in Ukraine could cost the world up to $9 billion, David Beasley, the United Nations... 12.04.2022, Sputnik International
2022-04-12T18:00+0000
2022-04-12T18:00+0000
2023-04-12T17:14+0000
russia's special operation in ukraine
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“We are looking at a crisis of 8 to 9 billion dollars and that is a food crisis as well as a cash crisis so we will be working together with France, with the EU, with other nations around the world to determine the best avenues and modalities available to reach the most people,” Beasley said after a meeting with EU and France representatives on mitigating impact of conflict in Ukraine on global food security.According to Beasley, famine could strike the world “within 12 to 18 months,” creating a pressing need to launch long and medium term investments in global food security.Russia and Ukraine are the world's top wheat producers. According to the UN WFP, both countries combined account for 30% of global wheat exports and 20% of maize export.On February 24, Russia launched a military operation in Ukraine after the breakaway republics of Donetsk and Luhansk appealed for help in defending themselves against Ukrainian provocations. In response to Russia’s operation, Western countries have rolled out a comprehensive sanctions campaign against Moscow.
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Food Crisis Caused by Ukrainian Conflict May Cost World $8-9Bln, UN WFP Says
18:00 GMT 12.04.2022 (Updated: 17:14 GMT 12.04.2023) MOSCOW, Sputnik - The food crisis feared in the aftermath of the conflict in Ukraine could cost the world up to $9 billion, David Beasley, the United Nations World Food Programme (UN WFP) Executive Director said on Tuesday.
“We are looking at a crisis of 8 to 9 billion dollars and that is a food crisis as well as a cash crisis so we will be working together with France, with the EU, with other nations around the world to determine the best avenues and modalities available to reach the most people,” Beasley said after a meeting with EU and France representatives on mitigating impact of conflict in Ukraine on global food security.
According to Beasley,
famine could strike the world “within 12 to 18 months,” creating a pressing need to launch long and medium term investments in global food security.
Russia and Ukraine are the world's
top wheat producers. According to the UN WFP, both countries combined account for 30% of global wheat exports and 20% of maize export.
On February 24, Russia launched a military operation in Ukraine after the breakaway republics of Donetsk and Luhansk appealed for help in defending themselves against Ukrainian provocations. In response to Russia’s operation, Western countries have rolled out a comprehensive sanctions campaign against Moscow.
