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issued a decree banning the export of consumer food products, including sugar, oil and grains .
"The presidential decree prohibits the export of sugar, pasta, oil and grits, as well as all wheat products ," the document states
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At the same time, the Algerian president has ordered various benefits, including loans, fertilizers and other incentives, to farmers who supply the country's strategic reserves of durum wheat, soft wheat and dry grains
.
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In addition, the country's authorities ordered an extension of the frozen meat import ban to encourage local production that increases meat consumption
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Earlier, Thomson Ferry, a spokesman for the United Nations World Food Program, said the conflict between Russia and Ukraine could lead to higher food prices globally and an increase in the number of hungry people
.
He pointed out that the Black Sea region is one of the most important regions for the production of grains and agricultural products.
Russia and Ukraine account for 30% of global exports of wheat, 20% of corn exports and 76% of sunflower exports.
Therefore, any production or Supply disruptions can lead to higher prices
.
.
He pointed out that the Black Sea region is one of the most important regions for the production of grains and agricultural products.
Russia and Ukraine account for 30% of global exports of wheat, 20% of corn exports and 76% of sunflower exports.
Therefore, any production or Supply disruptions can lead to higher prices
.
