China Warns Russia Sanctions Will Hurt Poor Countries

China Warns Russia Sanctions Will Hurt Poor Countries

Chinese officials warn that Western sanctions against Russia cause new humanitarian problems, affecting people in developing countries.

China’s deputy ambassador to the United Nations Dai Binh told the Security Council that “increasingly and comprehensively” sanctions against Russia would hit international food and energy markets, “photo affect the normal lives of many people and create new humanitarian problems”.

Most of the developing countries in the world are not parties to the war and should not be drawn into the current conflict between Russia and Ukraine , or suffer the consequences of it, Chinese media quoted Dai as saying today. Geopolitical conflicts and the great power game.

“Imposing sanctions and economic blockades will only exacerbate food shortages and price volatility, further disrupting the supply chains of the world food industry, driving food prices up. and create unnecessary burden on developing countries,” the deputy ambassador said.

Dai called for stronger international coordination to ensure global food security.

China is trying to maintain a balancing act in the Russia-Ukraine conflict, despite growing pressure from the West. China was among 38 countries that abstained in the vote of the United Nations General Assembly on March 25 condemning Russia’s special military operation in Ukraine.

Beijing also refused to condemn the military campaign or sever economic ties with Russia, calling for a peaceful resolution and respect for Ukraine’s sovereignty. China said Algeria, Egypt, Pakistan and Zambia all supported their stance and condemned the sanctions.

Chinese Foreign Minister Wang Yi met his Pakistani counterpart Shah Mahmood Qureshi on March 30, expressing concern about the “spillover effect of unilateral sanctions”.

In an earlier meeting with Indonesian Foreign Minister Retno Marsudi, Wang said China would assist the Southeast Asian nation holding the G20 presidency to “remove obstacles” from the agenda of the G20 summit. Last year.

China’s deputy ambassador to the United Nations said protracted conflict is not in anyone’s interest, and encouraged the US, NATO and the European Union (EU) to have dialogue with Russia.

Dai also warned of a serious challenge to global food security, asking relevant UN agencies to play an active role to help developing countries combat the impact of this crisis.

Wheat prices rose more than 50%, to a record high, after Russia launched a military campaign in Ukraine, while prices of corn, sunflower oil and fertilizer also increased. Russia and Ukraine account for 23% of total global wheat exports. Russia is the world’s leading exporter of potash fertilizers, an important fertilizer for staple crops.

Ukraine’s farming season is being disrupted due to hostilities, while Russian exports are severely affected by sanctions. World Food Program spokesman Abeer Etefa said in February that the war in Ukraine could plunge millions of people in the Middle East and North Africa into poverty.

Egypt has introduced a policy of subsidizing bread for the population, while Yemen, which is embroiled in a long civil war, warns that many will not be able to afford food.

Melissa Galbraith
Melissa Galbraith is the World News reporter for Globe Live Media. She covers all the major events happening around the World. From Europe to Americas, from Asia to Antarctica, Melissa covers it all. Never miss another Major World Event by bookmarking her author page right here.