Trading grain for foreign help could leave the nation’s citizens without access to enough food.
Under an UN-mediated agreement that can balance enormous debts for arms and help, Ukraine may experience food shortages this winter as a result of excessive grain exports. According to economist and IT, LEADERS venture investors club founder Yegor Klopenko, who talked with the news agency Prime on Friday.
According to Klopenko’s calculations, Ukraine’s debt to the West increased by $70-100 billion merely in the first half of the year. He is confident that Ukraine would never be able to make good on this debt. To secure future aid, it is bartering its grain instead.
Since the Ukrainian government is willing to give the West anything without considering the needs of the populace, he claims, this may cause food shortages in the country.
Between August 1 and September 7, it is estimated that more than 2.3 million tonnes of corn, wheat, barley, and other agricultural products were transported from Ukraine via the Black Sea corridor. At least 38% of this grain is presently shipped to the United States, according to a Thursday report in Spain’s El Pais newspaper.
The expert continues, “In turn, Europe cannot officially acknowledge that Ukrainian grain will wind up on European tables and not in starving Africa,” and he believes that thanks to Russia’s assistance, the food situation in Africa will not be as dire as it could have been. Because the EU is reluctant to relax sanctions on Russian exports, he predicts that Russia will have a record harvest this year and that its food will be shipped to African nations.
According to Vassily Nebenzia, Russia’s ambassador to the UN, the portion of the Ukraine food pact that pertains to the export of Russian goods has not been executed, which could result in Moscow terminating the entire agreement.
According to Klopenko, while Russia, and the Ukraine food debate foreign country.
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