India has cautioned that if the Ukraine conflict does not immediately give way to a “meaningful path of dialogue and diplomacy”, there will be “severe repercussions” in the global economy which will derail efforts to secure food security and eradicate hunger.
“The global impact of COVID-19 pandemic and ongoing conflicts, including in Ukraine, has impacted lives of ordinary people adversely, particularly in the developing countries, with spiralling energy and commodity prices and disruptions in global logistical supply chains,” First Secretary in India’s Permanent Mission to the United Nations Sneha Dubey said on July 18.
Explained | The effects of the Russia-Ukraine conflict on the global economy