Union Minister for External Affairs S. Jaishankar on Thursday said that the implications of the situation in Ukraine will throw up a three ‘F’ (fuel, food and fertilisers) crisis leading to hunger situations and a cascading problem on the next harvest in many countries.
He was speaking on ‘Eight years of National Security’ — an interaction organised by the National Institute of Advanced Studies (NIAS) in collaboration with Internationals Studies Network Bangalore (ISNB) in Bengaluru on Thursday.
“The Ukraine conflict is controlling a large part of the world. The prices of fuel, food and fertilisers have shot up. They have a very significant inflationary impact. In the case of food, it will actually lead to hunger situations and in the case of fertilisers, it will create a cascading problem down the road. So the next harvest in many countries is going to be indented,” the Minister said.
