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HUNGARY OFFERS ROUTE FOR GRAIN EXPORTS

Hungary has offered to provide a route for Ukrainian food produce exports, the foreign minister has said.
 

The war in Ukraine is threatening to cause global food shortages and triggering further migration waves, Péter Szijjártó noted on the sidelines of a European Union foreign ministers’ meeting in Luxembourg, adding that for a transport corridor to work, the border between the two countries must be kept safe. Szijjarto said “the vicious circle threatening the world” was fuelled by high inflation and dwindling exports of agricultural products from Ukraine and Russia, resulting in rising prices. The lack of alternative resources and the fact that Russia, Ukraine and Belarus are important players of the world market of artificial fertilisers is exacerbating the problem, he said.
Szijjarto noted that several speakers at the meeting called for further arms deliveries to Ukraine. “I am not entirely sure that this is the best global solution to a food shortage.” He called for a “sound” plan to rebuild Ukrainian and Russian export capacities to be accepted speedily. Russia and Ukraine provide 30% of wheat and 80% of sunflower seed exports globally, he noted.