Economist Belkharoev predicted famine in the Middle East without grain from Russia

Published 2022년 4월 12일

Tridge summary

The Middle East and Africa could face starvation due to a significant decrease in Russian grain exports caused by sanctions, particularly against Russian seaports, according to Khadzhimurad Belkharoev, an Associate Professor at the Institute of World Economy and Business of the Peoples' Friendship University of Russia. The world market is expected to have a grain shortage of over 13 million tons this year, leading to increased prices. Russia currently supplies about 20 percent of the world's grain, a quantity that is not easily replaceable.

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Original content

The Middle East and Africa could face starvation without Russian grain. Khadzhimurad Belkharoev, Associate Professor at the Institute of World Economy and Business of the Peoples' Friendship University of Russia, came to this conclusion, Prime reports. In his opinion, the export of domestic grain may significantly decrease due to sanctions, in particular, against Russian seaports, since it will be difficult to export products. In addition, the expert notes that this year the world market is expected to have a shortage of grain in the amount of more than 13 million tons, which has already provoked an increase in prices for it. Meanwhile, Russian bread is supplied to many countries in Africa (from Egypt and Morocco to Senegal and South Africa) and the Middle East (Turkey, Iran, the United Arab Emirates, Israel, Qatar, Lebanon, Syria and others). Some of the grain is also purchased by ...

Source: RG