Japanese Govt. Approves $200 Mil. In Aid To Address Global Food Crisis
The Japanese government has officially decided to provide roughly 200 million dollars in aid to help offset the global food insecurity that Russia's invasion of Ukraine has caused.
On Tuesday, Foreign Minister Hayashi Yoshimasa made an announcement about a detailed plan that was approved at a Cabinet meeting earlier in the day.
Hayashi said the funds will help supply food to Middle Eastern and African countries that have been hit hard by the decline in grain imports from Ukraine and Russia.
He said international organizations will help distribute the funds. Hayashi added that the money will also help increase food production capacity.
The foreign minister said some of the funds will be used to help build storage facilities for wheat and other grains in Ukraine, so that exports from the country can be resumed.
He said Japan will work with the Group of Seven countries and other nations in the international community to try to maintain food security in the world.
Prime Minister Kishida Fumio had pledged to provide 200 million dollars in aid at the G7 summit that was held in Germany in late June.