Global crisis on food looms large after Russia’s invasion of Ukraine

Russia invaded Ukraine two weeks back and the cost of major agricultural products are going beyond the reach of people. Wheat is an all-important item in the kitchen. The combined supplies from Russia and Ukraine make up nearly 30 percent of global wheat trade. This is now at risk. These two countries are the breadbasket for many countries. These are in the Middle East, South Asia and sub-Saharan Africa. Many of them would feel the after effects of ongoing war. Another major problem is availability of fertilizer. This is essential for farmers but it is becoming more expensive. Russia is not exporting it and output in Europe has reduced. This is because of surging price of natural gas, which is a major ingredient in nitrogen-based fertilizers like urea. Global health experts are worried.

Agriculture ministers from the G7 countries would draw up strategies to prevent any food crisis. Egypt imposed ban on the export of wheat, flour, lentils and beans. Indonesia, the world's top producer of palm oil, has implemented export restrictions on it. This item is required for preparing cooking oil, cosmetics and chocolate. The UN's World Food Program revealed that the number of people on the edge of famine has jumped to 44 million from 27 million in 2019. This is a matter of concern. The conflict between Russia and Ukraine would worsen the situation.


Source –

edition.cnn.com dated 12 March 2022

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Ukraine imposes sanctions on Moscow - bans Aeroflot and Transaero flights into the country

Ukraine has indicated that with effect from 25 October it will ban Russian airlines Aeroflot and Transaero from flying into the country – it would be a part of sanctions over Moscow's support for rebels in the east. The announcement was made by Ukrainian Prime Minister Arseniy Yatseniuk.
This has been reported in bbc.com dated 25 September 2015.
Moreover, Russian transit flights carrying military personnel or dual-use goods would also be banned. Moscow has termed the move as "an act of madness" and has promised a firm response.

Ukraine has already imposed sanctions against 400 people and 90 legal entities - most of them from Russia – who were held responsible for Moscow's annexation of Crimea in March 2014 and the ongoing conflict in eastern Ukraine.
Of course, in a separate development, Ukraine and Russia have reached an agreement on supplies of natural gas to Kiev for the coming winter, ending months of tough negotiations. The deal was brokered by the European Union and was initialed in Brussels.
It requires more refinement before it can be signed.
It may be recalled that past gas disputes between Russia and Ukraine have led to interruptions in supply and had resulted in major disruptions in shipments of Russian gas to EU countries.
(Image courtesy wikimediacommons.org)

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