Elmau (Germany): The leaders of the G-7 countries on Monday discussed the impact of the Russo-Ukraine war on the global economy, including food and energy supplies, and said that we support Ukraine in the production and export of grain, oil, and other agricultural products. determined to support. Along with this, he also stressed resolving the causes of the fast-growing global food crisis. The group called on Russia to stop its attacks on agriculture and transport infrastructure unconditionally, as well as to allow open passage for ships of agricultural products from Ukrainian ports in the Black Sea.
“We stand united and determined to strongly support Ukraine in the production and export of grain, oil, and other agricultural products,” the grouping of seven countries said in a statement on Monday. We will encourage collective initiatives to promote global food security and address the causes of the evolving global food crisis.”
Russia responsible for global food crisis
At the G-7 summit, leaders agreed that Russia bears a heavy responsibility in the face of growing threats to global food security as a result of the conflict. “Due to Russia’s unprovoked attack on Ukraine, Ukraine is unable to export its agricultural products and its production capacity is also hampered, which has led to a huge increase in prices and millions of dollars,” the group of seven countries said in a statement. Global food insecurity is increasing for people, especially those most vulnerable such as women and children.
25 million tonnes of corn and wheat are in danger of rotting in Ukraine
“We call on Russia to unconditionally stop attacks on agricultural and transport infrastructure and open the way for agricultural ships from Ukrainian ports in the Black Sea,” he said. Ukraine, known as the ‘bread basket of Europe’, supplies 10 percent of the world’s wheat, 12 to 17 percent of the world’s corn, and half of the world’s sunflower oil. 25 million tonnes of corn and wheat, which is equivalent to the overall annual consumption of all less developed countries, cannot be exported because of the war and is currently at risk of rotting in Ukrainian silos.
G-7 countries will continue to support Ukraine
The leaders also agreed to further strengthen Ukraine by expanding cooperation in intelligence and information sharing, information technology security as well as maritime security. “We will continue to support Ukraine in defending our network against cyber incidents and will expand cooperation in the areas of energy security, protection of nuclear materials and facilities, as well as environmental and water use issues,” the statement said. “
The G-7 includes Canada, France, Germany, Italy, Japan, the UK, and the US. Germany, which is chairing the conference, has invited Argentina, India, Indonesia, Senegal, and South Africa. Prime Minister Narendra Modi has come to Elmau to attend the G-7 summit at the invitation of German Chancellor Scholz.
