Grain from Ukraine initiative raised $150 million to support grain exports to poor countries

Published 2022년 11월 29일

Tridge summary

Ukraine is pushing for the Russian Federation to allow grain exports as part of the 'Grain from Ukraine' initiative, aimed at providing grain to countries affected by hunger and drought. The summit raised $150 million for Ethiopia, Sudan, South Sudan, Somalia, and Yemen, but the Russian Federation disputes that the grain reaches these poor countries. The reduction in Ukraine's grain exports, along with the impact of the Russian invasion, has led to a decrease in global food security. Despite Russia's claims of Western countries blocking exports, they are increasing their own grain exports.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Ukraine is intensifying political pressure on the Russian Federation to unblock grain exports, and on Saturday a "Grain from Ukraine" summit was held in Kyiv, which envisages the export of $150 million worth of grain to the countries most suffering from hunger and drought. The "Grain from Ukraine" initiative demonstrated that Ukraine is concerned about the global food security of the world, while the Russian Federation declares that the grain exported from the Black Sea ports of Ukraine through the mediation of the UN does not reach poor countries. At the summit, $150 million was raised for the export of grain to Ethiopia, Sudan and South Sudan, Somalia and Yemen, and in a joint statement the participants emphasized that as a result of the Russian invasion of Ukraine, the world received 10 million tons of agricultural products less than during this period in 2021 year, resulting in reduced food security for millions of people around the world. The date of the summit coincided with ...
Source: Graintrade

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