The WTO = World Trade Organization has acknowledged that the global supply network disruption and rising prices caused by Russia's invasion of Ukraine are imminent in a food crisis that will hurt poor countries.
WTO Secretary-General Ngozi Okonjoiware held a press conference on the 12th, lowering the outlook as of October last year, which said that the world trade volume of this year would increase by 4.7% from the previous year, to 3.0%. It has been increased again.
"This is because the spread of the new coronavirus and the double punch of the war in Ukraine have disrupted the global supply network and increased inflationary pressure."
"The surge in food and fertilizer that Ukraine and Russia have supplied to the world is imminent for a potential food crisis," the Secretary-General said. Shown.
The secretary-general said, "We need to take decisive action to avoid leading to social riots like the food crisis in the past," and the international community has united to take some humanitarian measures. He emphasized that we should consider efforts such as putting inventory on the market and lowering prices.