International organizations have expressed concern over Russia’s decision to withdraw from the Ukraine grain agreement. On the Russian decision, the International Monetary Fund (IMF) has expressed fear of an increase in global food prices.
In this regard, the IMF says that Russia’s withdrawal from the Ukraine grain agreement will seriously damage global food security. A disruption in grain supply from Ukraine will increase food prices.
According to the IMF, the stoppage of grain supply from Ukraine will affect the countries of South Asia, Middle East and North Africa.
On the other hand, the news agency says that Russia has announced to stop the implementation of the agreement on grain imports from Ukraine a day ago.
According to the news agency, under the grain agreement, access to world grain markets was made possible from Ukraine through the Black Sea.
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