EconomyWorld

World war for bread’ underway in Italy-Rt News

Coups and terrorism threaten Africa if the conflict in Ukraine does not end soon, Rome warns

If the military conflict in Ukraine does not come to an end soon, the resulting famine could trigger political instability in Africa, Italian Foreign Minister Luigi di Maio warned during a press conference on Saturday. He also suggested “the proliferation of terrorist organizations and coups d’etat” may be on the horizon.

The World War for Bread is already underway and we must stop it,” he said. Read more Russia explains why its grain can’t get to the EU

Di Maio urged Russian President Vladimir Putin to “come to the table” and reach a peace agreement as soon as possible, including a specific agreement on wheat.

We must not forget that there are 30 million tons of grain blocked in Ukrainian ports by Russian warships. What we are doing is working to ensure that Russia unblocks the export of grain in Ukrainian ports, because at this moment we risk new wars breaking out in Africa.

Exclusive News

Italian PM Mario Draghi has previously asked Putin to allow grain exports from both Russia and those parts of Ukraine under Russian control. On Friday, the latter told Russian TV that shipments could be conducted via Belarus. 

“If someone wants to solve the problem of exporting Ukrainian grain – please, the easiest way is through Belarus. No one is stopping it,” Putin explained. “But for this you have to lift sanctions from Belarus.”

He has also denied that Ukraine’s wheat is blocked by Russian warships. Putin insisted that Kiev has mined its own harbors extensively, creating serious danger for ships seeking to access Ukrainian ports.

Italy said last week it would help de-mine the facilities in order to create sea corridors to transport wheat, in addition to the existing humanitarian sea corridor opened southwest of Ukraine’s territorial waters by Moscow last month. 

Meanwhile, Kiev has been shipping its grain out via the Romanian port of Constanta and over land to Europe – a much less efficient route, as far less can be transported at a time. With European countries able to pay more for the crop, smaller quantities are likely to make their way to northern Africa, and leaders from the continent have pleaded with Europe to lift sanctions on Russia which make it more difficult for them to buy food via the SWIFT system.

READ MORE: African Union wants Russian sanctions lifted

Di Maio has called for Putin to sign a ceasefire agreement allowing Italy to evacuate civilians in eastern Ukraine, though it’s not clear if this is in addition to existing humanitarian corridors set up by Russia and the Donetsk People’s Republic. 

He added that Italy would meet on Tuesday with other Mediterranean countries, as well as Germany, to “reach the goal of unblocking the quantities of wheat that have to leave Ukraine at a historical moment in which households cannot afford increases in the cost of energy, industry [cannot afford] the increase in the cost of materials,” and the rest of the world cannot afford an increase in the cost of wheat and bread. 

Ukraine produces 15% of the corn and half of the sunflower oil on the world export market and nearly 10% of global wheat exports, making it a major link in the global food chain. 

Read more

Related posts
AfricaBusinessEconomyPolitics

Russia’s Top Member Of Parliament Meets Algerian Leader

The recent meeting between Russia’s top MP and Algerian leader has underscored a notable…
Read more
AfricaEconomy

Zimbabwe To Conduct Inaugural Economic Census

Zimbabwe is set to embark on its first-ever Economic Census, marking a significant milestone in its…
Read more
AfricaBusinessEconomy

Africa’s largest oil refinery seeking crude from Libya

Africa’s largest oil refinery, located in Nigeria, has recently made headlines by seeking…
Read more

Sign up for Africa Insider’s Daily Digest and get the best of  news, tailored for you.

Leave a Reply

Your email address will not be published. Required fields are marked *

Politics

Both Putin and Zelensky are to blame for the Ukrainian Crisis, claims Lula-RT News

Worth reading...