Africa warns of “collateral impact” as EU sanctions on Russia hit food supply

Western sanctions on Russian banks have made it difficult or impossible for African countries to buy grain from Russia to help resolve the global food crisis caused by the invasion of Ukraine, the African Union said. The head told EU leaders.

Senegalese President Macky Sall complained at a video conference at the EU Summit on Tuesday. This is a sign of the latest concerns of developing countries about the economic and humanitarian consequences of the Ukrainian war and the rising energy and food prices exacerbated by targeted sanctions. In Moscow.

“Our country is very worried about the collateral consequences of the turmoil caused by blocking Swift’s payment system as a result of sanctions,” Sall said. He added Sberbank to the list of Russian banks excluded from the Swift messaging system for financial transfers after the EU approved a sixth package of sanctions to curb 90% of Russia’s oil imports into the EU. I was talking about it later.

“If the Swift system is interrupted, it means that even if the produce is present, it will be difficult or impossible to pay,” Sall said. “I would like to argue that this question will be examined as soon as possible by our relevant ministers to find a suitable solution.”

Russia and Ukraine are one of the largest grain exporters in the world, and the blockade of Russia on the coast of Ukraine has left about 20 million tons of wheat in the Black Sea port of Odesa.

Faced with complaints from Saul and other African governments about the difficulty of importing grain and fertilizer from Russia, EU leaders hold Russia’s President Vladimirputin head-on, at the same time at sea or at sea. Attempted to arrange the export of Ukrainian wheat stock by land.

“The fact that a serious food crisis is occurring is only due to Russia’s unjust war,” said European Commission President Ursula von der Leyen at the end of the summit, Russia’s food or He said there were no EU sanctions on fertilizer exports. ..

“There are many stories that get in the way of Russia’s war in Ukraine, and we shouldn’t accept them,” said German Chancellor Olaf Scholz. Last week, French officials said it was important to “dismantle” Russia’s story that it was not the aggression itself, but the retaliatory sanctions behind the growing international food crisis.

However, Schortz admitted that there were some problems with the payment of fertilizer, and EU officials said that the sanctions system “glitch” because it was difficult to pay agricultural products that would not be affected by EU measures against Moscow. “There was.

In much of Africa, the Ukrainian war not only raises food prices, but also pushes fertilizer costs beyond the means of millions of farmers, threatening next year’s harvest. “East African countries are completely dependent on fertilizer imports, and rising fertilizer costs are expected to have a profound impact on food availability and prices,” the United Nations said.

Ethiopian officials said the war in Ukraine and Swift sanctions against Russia (making it difficult to pay Russia’s grain and fertilizer) “had a significant impact” on East African economies as inflation soared. Insisted.

French President Emmanuel Macron, now the EU’s replacement chairman, said in a recent meeting between Russian and Turkish presidents that an agreement with Russia on Ukrainian food exports could be found in the coming days and weeks. He said he wanted. The problem was the “positive sign”.

Additional reports by Valentina Pop and Javier Espinoza in Brussels and Andres Schipani in Nairobi

Africa warns of “collateral impact” as EU sanctions on Russia hit food supply

Source link Africa warns of “collateral impact” as EU sanctions on Russia hit food supply

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