Lifting Sanctions Against Russia in the Energy Field as a Tool to Resolve the Global Food Crisis
Lifting Sanctions Against Russia in the Energy Field as a Tool to Resolve the Global Food Crisis

Author(s): Emil Asenov
Subject(s): Politics / Political Sciences, Politics, Economy, Agriculture, International relations/trade, Accounting - Business Administration, Geopolitics, Peace and Conflict Studies
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: sanctions; energy supplies; Russia; European Union; effect of sanctions; global food crisis
Summary/Abstract: In response to Russia’s aggression against Ukraine, the European Union imposed a significant number of individual, economic and diplomatic sanctions on Russia. An important aspect of the sanctioning policy concerns energy resources imported from Russia into Europe. The implementation of these sanctions is currently taking place in the context of a global food crisis. Russia imposed an embargo on the exports of some of its agricultural products, while also imposing a blockade on Ukrainian ports. As a result of these actions, a number of countries face a prospect of food supply shortages as Ukraine and Russia are among the largest exporters of agricultural products. Resolving these problems requires timely and effective solutions. In conclusion, the article proposes the implementation of mutually agreed measures by the European Union and Russia to counter a global food crisis.

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