Global agricultural trade is particularly affected given Russia and Ukraine hold the keys to world staples wheat and sunflower oil.
The Russo-Ukrainian War is profoundly impacting on global politics, economic growth and specifically agricultural trade, triggering concerns in the Arab region struggling to secure sufficient cereal imports for its citizens.
Russia and Ukraine are key food bowls globally, most notably for the Arab region where insufficient land and water resources do not permit cereal self-sufficiency. While the widely used policy by Arab governments to import cereals has worked for decades, it is now enduring its potentially worst stress test.
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Martin Keulertz