40 C
Dubai
Friday, July 26, 2024
spot_img

Putin pledges free grain, criticizes ‘hypocritical’ Western sanctions for African leaders

At the Russia-Africa summit, President Vladimir Putin revealed that over 70% of Ukrainian grain exported under the Black Sea grain deal went to countries with above-average income.
 Despite facing Western sanctions, which hinder Moscow’s grain and fertilizer exports, Putin assured African leaders of gifting tens of thousands of tonnes of grain. He emphasized Russia’s crucial role in global food security and expressed readiness to replace Ukrainian grain exports to Africa both commercially and as aid.

 

During the summit, Putin offered to provide Burkina Faso, Zimbabwe, Mali, Somalia, Central African Republic, and Eritrea with 25-50,000 tonnes of free grain each in the next three to four months.

Some participants applauded this initiative, while others questioned the impact of the promised donations, considering the countries’ existing ties with Moscow and their efforts towards food security.

Russia’s engagement with Africa has intensified since its first Africa summit in 2019. Despite criticism over quitting the Black Sea grain deal and its impact on global wheat prices, Putin defended his decision, citing a parallel memorandum that was allegedly ignored.

Comoros President Azali Assoumani, chair of the African Union, called for understanding and dialogue to move forward.

The collapse of the grain deal and Russia’s actions in Ukraine have contributed to a 10% increase in global wheat prices in the past ten days. UN Secretary-General Guterres expressed concern that donations to some countries would not fully address the significant impact on global food prices and security caused by the disruption in the grain market.

Next Article

Related Articles

Barack Obama Makes Decision on Kamala Harris After Extensive Discussions

Barack Obama has finally made a decision regarding Vice President Kamala Harris after engaging in multiple conversations with her. He believes she is an exceptionally...

Nepal Plane Crash: Saurya Airlines Aircraft Crashes During Takeoff in Kathmandu

Nepal Plane Crash: In a tragic incident, a Saurya Airlines aircraft carrying 19 people crashed during takeoff at Tribhuvan International Airport in Kathmandu, Nepal. The...

Chinese and Indian Stocks Favored Over Japan in Second Half of the Year

Chinese and India, as the world’s two most populous countries, present vast opportunities for growth and investment. In the second half of the year, investors...

Dubai-Based Pakistani Designer Shines at Ambani Wedding, Glamour Unleashed

Dubai-based Pakistani designer's triumph at the Ambani wedding represents a significant milestone in their career and a proud moment for the South Asian fashion...

Ajman Department of Finance Engages Globally at 30th Annual Reserve Management Seminar

Ajman Department of Finance Participates in the 30th Annual Reserve Management Seminar Ajman, 4 July 2024: The Ajman Department of Finance, represented by Jassim Bu...

Latest Articles