countries import wheat and other green from russia and ukraine, and 22 from the continent import fertiliser. these are huge numbers, 35 out of 55 countries, meaning there is a great deal of dependence. work being done by the african development bank now shows that in many countries food prices are rising by 20 50% already. this is huge. so my worry is that we have a food crisis that is brewing and that could become worse. now, at the wto, what we are trying to say and do, and i am very happy to say that many of our members are responding, is to not put in export restrictions and prohibitions, keeping food that you have n. again, it is a natural reaction of policymakers to say, look, we have a problem, we must safeguard as much as we can for our population. but there are countries
On March 4, 2022, the Department of Commerce's Bureau of Industry and Security (BIS) announced further sanctions to target Russia's strategic oil/gas and military/defense sectors.
The economic sanctions imposed by the US, UK, and the EU on Russia for going to war against Ukraine could prove to be detrimental to the country. These sanctions can range from export restrictions to trade embargos and seizure of assets. Mint explains.
0 ambassador taylor, he me start with you. i m wondering what stood out. he said the military assistance is getting in to where it needs to be. that tells me that ammunition is moving across the border from nato into ukraine. i think that s very important to hear. the ukrainian resistance is fierce. it s using its military very well. it has to have resupply. i was struck with his aexpeassuassurance, his confidence that it s getting in. that pipeline is essential in the days, weeks moving forward since no one else is coming to ukraine s aids with actual military forces. that s exactly right. ukraine will continue to resist in any case. this will be ongoing. so far the ukrainians have blookblook blocked the russians from getting into their capital. they will continue to resist no matter what the outcome. we will continue to support that government in its current state or if it move, we ll continue that. nic robertson, as you listen to secretary blinken, what stood out to you?
On February 24, 2022, in response to Russia's invasion of Ukraine, the U.S. Department of Commerce's Bureau of Industry and Security (BIS) issued a final rule.