Wednesday November 27, 2024

Finland supports export of Ukraine’s grain to Africa

Published : 23 Feb 2023, 00:17

Updated : 23 Feb 2023, 00:22

  DF Report
A team of representatives from the Joint Coordination Center (JCC) inspects on the first grain-laden ship leaving Ukraine on the northwestern entrance of the Bosphorus Strait in Istanbul, Turkey on Aug. 3, 2022. File Turkish Defense Ministry/Handout via Xinhua.

Finland contributes EUR 5 million to the World Food Programme (WFP) to support the implementation of the Black Sea Grain Initiative, said the Ministry for Foreign Affairs in a press release on Wednesday.

With Finland’s support, WFP is buying grain from Ukraine and taking it to African countries affected by the food crisis.

The Black Sea Grain Initiative has facilitated the shipment of more than 18 million tonnes of grain and other food products from Ukraine between June 2022 and January 2023.

Most of Ukrainian wheat (65%) and about half of its corn were taken to developing countries.

The grain shipments also enable WFP to deliver humanitarian assistance to countries worst affected by the food crisis.

With Finland’s support, WFP is buying Ukrainian grain, which it grinds, clears through customs and delivers to the Horn of Africa, among other regions.

“Through WFP, Finland is supporting both Ukraine and the countries affected by the food crisis. Ukraine will get income it needs and the countries suffering from grain shortage and high prices will get much-needed grain,” said Minister for Development Cooperation and Foreign Trade Ville Skinnari.

Implementing the Black Sea Grain Initiative will also stabilise global food prices.

Finland supported the implementation of the Black Sea Grain Initiative already last year by financing grain shipments from Ukraine to Somalia.