Summary:
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The Black Sea Grain Initiative, which was set to end on Saturday, was continued in conjunction with this event.
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This is very excellent news for the world and is a significant step toward resolving the food insecurity situation we are currently facing, “Importance of SuccessSince the deal was signed on July 22 by Turkey, Ukraine, Russia, and the UN, about 11.2 million tonnes of vital supplies have been sent from three Ukrainian ports.
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Ms. Grynspan revealed that 300,000 metric tons of Russian fertilizer are still “stuck” in several European ports amid an impending calamity involving the global food crisis.
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As a result, a ship loaded with Russian fertilizer will sail from the Netherlands to Malawi through Mozambique on Monday.
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PlansWhen asked about the possibility of reopening an ammonia pipeline from Russia to the Black Sea, the UNCTAD Secretary-General said that she was “optimistic” that this could happen if Russia and Ukraine agreed.
The Black Sea Grain Initiative, which was set to end on Saturday, was continued in conjunction with this event.
Rebeca Grynspan, the secretary-general of UNCTAD, said, “We are extremely pleased with the extension of the Black Sea Grain Initiative.” ” This is very excellent news for the world and is a significant step toward resolving the food insecurity situation we are currently facing,”
Importance of Success
Since the deal was signed on July 22 by Turkey, Ukraine, Russia, and the UN, about 11.2 million tonnes of vital supplies have been sent from three Ukrainian ports.
Ms. Grynspan revealed that 300,000 metric tons of Russian fertilizer are still “stuck” in several European ports amid an impending calamity involving the global food crisis.
If we don’t take on this challenge, “we know that today’s affordability crisis will turn into a crisis of availability tomorrow,” she continued.
“Crunch” of fertiliser
The UN World Food Programme (WFP) and other parties have agreed to address the “fertilizer shortage.” As a result, a ship loaded with Russian fertilizer will sail from the Netherlands to Malawi through Mozambique on Monday.
“We have an effective paradigm, and it is a humanitarian endeavor,” said Ms. Grynspan. “WFP is in charge of transporting fertilizer from the ports to the nations that require it.” And this donation comes from Uralchem (Uralkali), a Russian business.
Plans
When asked about the possibility of reopening an ammonia pipeline from Russia to the Black Sea, the UNCTAD Secretary-General said that she was “optimistic” that this could happen if Russia and Ukraine agreed.
The Memorandum of Understanding with Russia states, “Ammonia is explicitly included in the Black Sea Grain Initiative.” This, she explained, meant that a new contract was not necessarily required.
The goal is to ease the pain many developing countries are going through because of what the Secretary-General has called the “perfect storm” of energy, financial, and food crises.
Analysis by: Advocacy Unified Network
