Kadin Reveals Potential Global Food Crisis Due to Russia-Ukraine Conflict

JAKARTA, KOMPAS.com – Chambers of Commerce and Industry (Woman) Indonesia highlighted the potential post-Covid-19 global crisis due to the geopolitical conflict between Russia and Ukraine.

Chairman of the Indonesian Chamber of Commerce and Industry Arsjad Rasjid said, Russia and Ukraine conflict can not only cause a global crisis, but can also lead to food crisis global.

“This is a more serious threat to the world today,” he said in a written statement, Saturday (14/5/2022).

According to Arsjad, the scarcity of several food commodities such as soybeans and wheat, the reduced supply and production of food in several countries due to the long drought, coupled with the scarcity of oil supplies due to the war, caused global inflation.

“(Global inflation) is marked by an increase in the prices of goods and services in general,” he said.

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He continued, high inflation can weaken people’s purchasing power, especially the poor.

In addition, high inflation also has the potential to cause a social crisis, there is a risk of increasing poverty rates and widening social inequality.

As is known, the protection of each country’s food ingredients has begun, there is no longer a pro-export slogan for food ingredients.

Kadin steps

1. Coordinate with the government

According to him, the phenomenon is feared to have a systemic impact in the form of social and political crises. For that he continues to coordinate with the government to anticipate global food crisis.

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