Home Business News The Ukraine war has created ‘one of the most serious food and energy crises in recent history’ around the world

The Ukraine war has created ‘one of the most serious food and energy crises in recent history’ around the world

by LLB political Reporter
15th May 22 2:15 pm

The G7 Foreign Ministers have said in a statement that sanctions against Russia will not affect Russian exports of agricultural resources to developing countries.

The G7 said that Ukraine will continue to receive assistance in the “production, transportation, processing of food.

“We underscore that our sanctions and export controls against Russia do not and will not target essential exports of food and agricultural inputs to developing countries and to this end include measures to avoid any negative consequences for the production and distribution of food,” the statement said.

They also emphasised that Russia’s war against Ukraine “has given rise to one of the most serious food and energy crises in recent history, which now threatens the most vulnerable populations around the world.”

“We reaffirm our commitment to protect the most vulnerable countries and people suffering from Russia’s war against Ukraine and its global repercussions.”

The G7 have promised to help Ukraine “continue the production, transportation, processing of food.”  They also said that they intend to assist Kyiv in the issue of exporting agricultural products.

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