G7 Leaders Promise $4.5 Billion to Address Global Hunger Caused by War in Ukraine
The United States and its Group of 7 allies on Tuesday pledged to spend $4.5 billion this year to help ensure food security around the globe, seeking to counter global food shortages caused by Russia’s invasion of Ukraine.
The G7 leaders said in a statement that the money would be used to ease what they called a “multidimensional crisis” that has left as many as 323 million people around the globe at high risk of food shortages, a record.
“We reiterate our urgent call upon Russia to, without condition, end its blockade of Ukrainian Black Sea ports, destruction of key port and transport infrastructure, grain silos and terminals,” the statement said. “These can only be assessed as a geopolitically motivated attack on global food security.”
“These new investments will support efforts in over 47 countries and regional organizations, to support regional plans to address increasing needs,” the White House said in its statement.
President Vladimir V. Putin of Russia has proposed releasing the grain in exchange for sanctions relief, a proposal that Mr. Biden and the other leaders have rejected. European officials have accused Mr. Putin of “war crimes” for using food as a negotiating tool.
“Vladimir Putin’s actions have strangled food and agriculture production and have used food as a weapon of war,” the White House said in its statement.
Tags: Ukraine, Russia, sunflower oil, exports, grain, United States, wheat, shipments, food shortages, food security, sanctions, global economy, food prices, G7, help
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