The close to future appears grim for the international locations in the Middle East and North Africa that rely on the Russian and Ukrainian wheat imports due to the struggle between the two, professionals warn.
As two of the world’s key wheat producers face off in an all-out war, the next day appears grim for the Middle East and North Africa (MENA) international locations that want wheat from Ukraine and Russia.
Russia is the world’s number-one wheat exporter – and biggest producer after China and India – Ukraine is amongst the pinnacle 5 wheat exporters worldwide.
The wheat harvest begins in July and this year’s yield is anticipated to be a wholesome one, that means ample provide for world markets in regular conditions. But a protracted conflict in Ukraine can have an effect on the harvest in that country, and consequently world supplies,” Karabekir Akkoyunlu, a lecturer in politics of the Middle East at SOAS, University of London, advised Al Jazeera.
In addition, the deliberate expulsion of some Russian banks from the worldwide SWIFT banking machine in retaliation for Moscow’s invasion of Ukraine is predicted to hit the country’s exports.