Japan to promise developing nations tens of billions of yen in food aid at G7 summit
12:58 JST, June 25, 2022
Prime Minister Fumio Kishida plans to declare, at the Group of Seven summit to be held in Germany from Sunday to Tuesday, that Japan plans to provide food assistance to developing countries facing a food crisis due to the impact of Russia’s armed aggression in Ukraine. Coordination is underway to extend the assistance, worth tens of billions of yen.
As Russia has blockaded ports on the Ukrainian coast facing the Black Sea, the supplies of farm products from Ukraine have dropped sharply, which has sent global grain prices soaring. This has caused a food crisis in areas including the Middle East and North Africa.
The government intends to increase its contribution to such organizations as the World Food Program, which supplies food to developing countries.
Meanwhile, Japan will also contribute its assistance to the expenses of building additional storehouses in Ukraine as the stock of grains produced in the country has been rising due to declines in export volume. Japan also intends to extend assistance to Ukraine to secure an alternative route for exporting grain from Ukraine via Romania.
According to the U.N. Food and Agriculture Organization (FAO) and other organizations, Ukraine is an agricultural powerhouse, as the world’s fifth-biggest exporter of wheat and one of the top three for corn. Russia’s blockade of Ukraine’s Black Sea ports is said to have halted grain exports from Ukraine on the scale of 20 million tons.
At the G7 summit, international food security caused by Russia’s aggression in Ukraine will be the main theme.
"Politics" POPULAR ARTICLE
-
Japan PM Ishiba Says Corporate, Group Donations ‘Not Inappropriate’; Interpellations Start at Lower House
-
Japan’s LDP Proposes Third-Party Panel to Monitor Use of Political Funds; Draft Does Not Mention Banning Corporate Donations
-
Japan to Support Its Companies Expanding into Africa; Creating Initiative to Act as Bridge with Local Start-ups
-
Japan, Italy, U.K. Launch Body To Manage Next-Generation Jet Project; U.K.-Headquartered Body Has Japanese Chief Executive
-
Govt Compiles Proposal on Laws for ‘Active Cyber Defense’; Analysis of Communications Between Japan, Overseas Featured
JN ACCESS RANKING
- Japan’s Kansai Economic Delegation Meets China Vice Premier, Confirm Cooperation; China Called to Expand Domestic Demand
- Core Inflation in Tokyo Accelerates in November
- Yomiuri 333 Stock Index Raises Investor Expectations in Japan; Equal Weighting To Provide New Perspective
- China to Test Mine for Rare Metals Off Japan Island; Japan Lagging in Technologies Needed for Extraction
- Record 320 School Staff Punished for Sex Offenses in Japan