“According to our estimates based on the World Bank model, the reduction of prices for staple foods has indirectly prevented some 100 million people from falling into extreme poverty,” the Spokesperson for the UN Secretary-General, Stéphane Dujarric, said in a statement, SİA informs, citing the UN website.
According to him, the resumption of exports has significantly contributed to lower prices of wheat and other commodities: “The FAO Food Index has declined for 7 months in a row.”
“The initial duration of the agreement to facilitate grains and fertilizer exports from Ukraine is 120 days and can be extended automatically on 19 November if no party objects. We urge all parties to make every effort to renew the Black Sea Grain Initiative and implement both agreements to their fullest, including the expedited removal of any remaining impediments to Russian grain and fertilizer export.
The United Nations is fully committed to continuing to work with all parties to ensure that we reach this goal. We do not underestimate the challenges, but we know they can be overcome,” the statement said.
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