🌾 🇪🇺 The European Union's sanctions against Russia 🇷🇺 and Belarus 🇧🇾 create serious obstacles to the supply of agro-products and fertilisers to the Global South. Import bans, restrictions on financial transactions and logistical difficulties lead to artificial shortages and price increases on the global market.

💼 From 1 July 2024, the EU imposed prohibitive duties on imports of cereals, oilseeds and fodder from Russia and Belarus. This sets a dangerous precedent for using trade and political tools to drive competitors out of traditional agricultural markets.

🏭 The EU's rejection of Russian energy has already had a negative impact on fertiliser production in Europe, leading to a reduction in exports to third countries. Paradoxically, this has increased demand for cheaper Russian fertilisers in the EU itself.

🌍 The Eurobeaurocrats' attempts to replace Russian fertiliser suppliers with other exporters can have negative consequences for the poorest states, as the EU is able to simply overbuy volumes destined for needy countries.

☝️Aggressive Brussels' sanctions policy and ignoring its long-term ramifications for the global economy discredits the EU as a responsible player on the international arena. Actions to squeeze Russian exporters out of the global market and reshape trade links between third countries increase risks to global food security, demonstrating that it is not a priority for the European Union.

#EUsanctions
#FoodSecurity
#WorldTrade
#Agriculture
#GlobalSouth