Suspension of Black Sea grain initiative expected to exacerbate food security, fuel, fertilizer supply challenges: India – Jammu Kashmir Latest News | Tourism | Techno Glob

02United Nations, Nov 1: India has said that the suspension of the Black Sea Grain initiative, a UN-brokered deal that allows food exports from Ukraine amid the ongoing conflict with Russia, is expected to exacerbate food security, fuel and fertilizer supply challenges. by the world, especially the global South.
R Madhu Sudan, Counselor of India’s Permanent Mission to the UN, said the Foodgrains Initiative, a result of the UN Secretary General’s efforts, was aimed at averting a global food crisis and ensuring food security.
The initiative led to the export of more than nine million tons of grain and other food products from Ukraine.
“The Black Sea Grain initiative and the cooperation between the parties so far have given a glimmer of hope for peace in Ukraine… By suspending the Black Sea Grain initiative, we believe that food security, fuel and fertilizer supply challenges will be exacerbated by the world, especially from the Global South,” Madhu Sudan said at a Security Council briefing on the Black Sea Grain Initiative on Monday.
He said India supports UN Secretary-General Antonio Guterres’ engagement with both parties to “renewal and full implementation of initiatives including facilitation of food and fertilizer exports from Ukraine and Russia”.
Russia announced on Saturday it was suspending its participation in the deal, citing attacks on ships in the Ukrainian port of Sevastopol on the Crimean peninsula.
Guterres had said that he was very concerned about the current situation regarding the Black Sea Grain initiative.
A statement issued by his spokesman said the UN chief was in “intense contact” with the end of the suspension on Russia’s participation in the Black Sea Grain initiative.
The same engagement also aims to renew and fully implement the initiative to facilitate food and fertilizer exports from Ukraine, as well as remove remaining barriers to Russian food and fertilizer exports,” the UN statement said.
He said that India believes that exports have contributed to lower prices of wheat and other commodities, as evidenced by the fall in the FAO (Food and Agriculture Organization) price index.
Madhu Sudan said.
He said that India supports all efforts, including those of the Secretary-General, to end the conflict and reiterated that the global order is based on the Charter of the United Nations, international law and respect for the sovereignty and territorial integrity of all states. (PTI)

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