US Treasury Secretary Janet Yellen at the same meeting called on G20 members to improve their spending to deal with existing food protection challenges.
Yellen said poor households in the poorest countries were probably the most directly affected, establishing back development and undermining efforts to eradicate poverty.
Russian President Vladimir Putin was “using food as a tool of war”, the lady said, citing “the destruction of agricultural facilities, theft associated with grain and farm equipment, and the efficient blockade of Dark Sea ports”.
The war within Ukraine has sent prices soaring intended for grains, cooking oils, fuel and fertiliser. Russia’s invasion and sea blockade have stalled exports, leaving dozens of ships stranded and about 20 million tonnes of grain stuck in silos at Odesa.
Moscow called the invasion a “special military operation”.
Throughout the discussion, World Business Organization (WTO) director general Ngozi Okonjo-Iweala said there was the risk food supply might be diverted away from poorer countries to richer ones, “repeating the particular experiences with COVID-19 vaccines”.