The professor at the Kiev School of Economics indicated in his remarks to the site "Sky News Arabia"that the best strategy now to support the food security of the beneficiaries of Ukrainian exports, especially grain, is to provide extensive support to Ukraine and condemn the Russian actions.
The head of the B-Smart Center for Studies in Kiev continued: "I don’t think the Russians will be able to make up for that and supply the 500 million people with grain, especially since Russia is likely to have huge problems with its economy already next spring.".
Vivid Ukrainian economist However, the repercussions of the war will directly affect the world, and the Middle East in particular.
He stated that the countries of the Middle East are affected by the repercussions of the current war in Ukraine, not only with regard to grain. Among these repercussions is also, for example, the impact of the tourism sector "I think that tourism from Russia to Egypt and Tunisia Turkey will also decline. Sanctions will affect income and ability to pay in US dollars or euros for Russians".
The Ukrainian economist concluded his remarks by saying: "Ukraine needs support, act as quickly as possible"Stressing that the effects of that war extend across the world and threaten the food security of hundreds of millions of people.
The latest official statistics issued by the Ukrainian government revealed that cereal and leguminous crops have increased by more than 10 million tons since the beginning of the current fiscal year in July until February 14, compared to the same period of the previous year.
According to official statistics issued by the State Customs Service, a few days ago, from the beginning of the 2021/2022 fiscal year until mid-February, Ukraine exported 40.871 million tons of grain and leguminous crops, an increase of 10.493 million tons over the same period of the previous year.
According to official data issued by the State Customs Department, the volume of foreign trade of agricultural products and foodstuffs increased during 2021 by 24 percent compared to 2020, and reached more than 35.4 billion dollars.
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Vakhitov, who is the head of the B Smart Center for Studies in Kiev, explained that if the war in Ukraine continues for more than a month, there will be an acute shortage of grain, especially since Kiev has not started farming yet.
He pointed out that from 300 to 500 million people around the world receive Ukrainian grainMost of them are from countries The Middle East And North Africa who benefit from wheat, corn, eggs and milk from Ukraine, and thus suffer greatly if the war escalates in the way that is going on.
In his statements to “Sky News Arabia”, the professor at the Kiev School of Economics indicated that the best strategy now to support food security for the beneficiaries of Ukrainian exports, especially grain, is to provide intensive support to Ukraine and condemn the Russian measures.
“I don’t think the Russians will be able to make up for this and supply the 500 million people with grain, especially since Russia is likely to have huge problems with its economy already next spring,” said the head of the B-Smart Center for Studies in Kiev.
Vivid Ukrainian economist However, the repercussions of the war will directly affect the world, and the Middle East in particular.
He stated that the countries of the Middle East are affected by the repercussions of the current war in Ukraine, not only with regard to grain. Among those repercussions is also, for example, the tourism sector affected, “I think that tourism from Russia to Egypt and Tunisia Turkey will also decline. Sanctions will affect income and the ability to pay in US dollars or euros for Russians.”
The Ukrainian economist concluded his statements by saying: “Ukraine needs support and action as soon as possible,” stressing that the effects of that war are affecting the world and threatening the food security of hundreds of millions of people.
The latest official statistics issued by the Ukrainian government revealed that cereal and leguminous crops have increased by more than 10 million tons since the beginning of the current fiscal year in July until February 14, compared to the same period of the previous year.
According to official statistics issued by the State Customs Service, a few days ago, from the beginning of the 2021/2022 fiscal year until mid-February, Ukraine exported 40.871 million tons of grain and leguminous crops, an increase of 10.493 million tons over the same period of the previous year.
According to official data issued by the State Customs Department, the volume of foreign trade of agricultural products and foodstuffs increased during 2021 by 24 percent compared to 2020, and reached more than 35.4 billion dollars.