“Today, the global trading system is under serious threat.

The number of trade restrictions and unbalanced subsidies is growing, ”TASS quoted her as saying at the opening ceremony of the 5th China International Import Expo (CIIE) in Shanghai.

Georgieva stressed that the abolition of food-related trade restrictions is a top priority.

Sanctions, she said, lead to higher world prices and food insecurity.

Earlier, Russian Prime Minister Mikhail Mishustin called Western protectionism the cause of the difficult situation in the global economy.