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Moscow says G7 attempts to isolate Russia make global food crisis worse

(Reuters) - Russia's foreign ministry said on Monday that attempts by the West and the G7 group of nations in particular to isolate Moscow have worsened global food shortages. G7...
Moscow says G7 attempts to isolate Russia make global food crisis worse © Reuters. FILE PHOTO: Ears of wheat are seen in a field near the village of Zhovtneve, Ukraine, July 14, 2016. REUTERS/Valentyn Ogirenko

(Reuters) - Russia's foreign ministry said on Monday that attempts by the West and the G7 group of nations in particular to isolate Moscow have worsened global food shortages.

G7 foreign ministers promised on Saturday to reinforce Russia's economic and political isolation, continue supplying weapons to Ukraine and work to ease food shortages stemming from Russia's Feb. 24 invasion of its neighbour.

"Attempts to divert Russia economically, financially and logistically from long-standing channels of international cooperation are only exacerbating economic and food crises," the foreign ministry said in a statement on its website.

"It should be noted that it was the unilateral actions of Western countries, primarily from the Group of Seven, that exacerbated the problem of breaking the logistics and financial chains of food supplies to world markets."

Before the war Ukraine and Russia combined accounted for about 29% of wheat production for the world market.

Moscow calls its actions in Ukraine a "special military operation" to disarm Ukraine and protect it from fascists. Ukraine and the West say the fascist allegation is baseless and that the war is an unprovoked act of aggression.

(Reporting in Melbourne by Lidia Kelly; editing by Grant McCool)

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01-05-2024 10:45:17 (UTC+7)

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 EUR/USD1.0658↑ Sell
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 USD/JPY157.91↑ Buy
 AUD/USD0.6469Neutral
 USD/CAD1.3780↑ Buy
 EUR/JPY168.32↑ Buy
 EUR/CHF0.9808Neutral
 Gold2,295.80↑ Sell
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 FTSE 1008,144.13Sell
 Hang Seng17,763.03↑ Sell
 Small Cap 20001,973.05↑ Sell
 IBEX 3510,854.40Neutral
 BASF49.155↑ Sell
 Bayer27.35↑ Sell
 Allianz266.60↑ Sell
 Adidas226.40↑ Sell
 Lufthansa6.714Neutral
 Siemens AG175.90↑ Sell
 Deutsche Bank AG15.010Neutral
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