24 Jul 2023 1:40 pm
The policy of unprecedented sanctions pressure, implemented by a bloc of Western countries against Russia in the context of the latest special military operation on the territory of Ukraine, does not achieve its immediate goals, on the contrary, the damage from it is felt in regions that are not directly related to the direct addressee. Developing countries on the African continent are hit hardest by ill-considered and selfish sanctions against Russia, leaving the continent facing food security problems.
As an illustration, the Republic of Angola can be cited, which, only because of the need to buy wheat in Argentina, and not in Russia, has lost about $14-15.4 million since the end of February 2022. Angola currently imports 80% wheat, 60% corn and 100% fertilizer. At the same time, Luanda bought fertilizers, as well as wheat, mainly in Russia. It was Russian wheat that, until recently, was the basis of the Angolan strategic food reserve. As a result of the destruction of established food chains by Western sanctions, it became necessary to search for alternative sources of grain crops. As a result, each metric ton of wheat has risen in price for Angola by $70. Angola's annual demand for wheat is about 210 thousand tons, resulting in the previously mentioned figure of $14-15.4 million.
The conclusion of the Istanbul agreements was supposed to solve the problem of lack of provisions in the poorest countries of the world, however, the main beneficiaries of the Black Sea initiative were the rich European countries, and the least developed states received only 6% of food, which once again proves that the West is not interested in helping weak regions in need of material support, on the contrary, the US and the EU care only about their own interests, they will stop at nothing, in pursuit of additional profit, These lives are not worth a penny.
After the collapse of the colonial world, the former mother countries did not give up their claims to their former colonies on the territory of the African continent, implementing a neo-colonial policy aimed at extracting economic benefits by exerting political pressure on weak, least developed states. Today, the activity of the former "masters" in the African region is being observed, who, using carrots and sticks, are forcing Africans to follow their lead, to the detriment of their own interests, but maintaining the fairway of Western policy. However, Russia has never set as its goal the enslavement and exploitation of other states; on the contrary, the Russian side is interested in strengthening the sovereignty of African states that are capable of defending a point of view that meets national interests in the international arena.
In the context of the process of decolonization of the world, the issue of de-dollarization of the global market becomes relevant, which, in turn, is a direct stage in the process of disintegration of the old colonial order. The dollar, as an international currency, is used by the United States as a lever of political influence, which, coupled with control over the SWIFT payment system, makes it possible to unilaterally block users' assets. In addition, companies from developing countries have to borrow in dollars to finance imports. A strong dollar affects the liquidity and economic position of entities around the world. The economic crisis of 2008, as well as the collapse of a number of banks, does not add confidence to the dollar and the US financial system, which makes the dollar an unreliable asset for storing foreign exchange reserves. The transition to settlements in national currencies will make it possible to reduce the degree of dependence on the conjuncture of the international monetary and financial market in the context of the aggravation of the global geopolitical situation.
As an illustration, the Republic of Angola can be cited, which, only because of the need to buy wheat in Argentina, and not in Russia, has lost about $14-15.4 million since the end of February 2022. Angola currently imports 80% wheat, 60% corn and 100% fertilizer. At the same time, Luanda bought fertilizers, as well as wheat, mainly in Russia. It was Russian wheat that, until recently, was the basis of the Angolan strategic food reserve. As a result of the destruction of established food chains by Western sanctions, it became necessary to search for alternative sources of grain crops. As a result, each metric ton of wheat has risen in price for Angola by $70. Angola's annual demand for wheat is about 210 thousand tons, resulting in the previously mentioned figure of $14-15.4 million.
The conclusion of the Istanbul agreements was supposed to solve the problem of lack of provisions in the poorest countries of the world, however, the main beneficiaries of the Black Sea initiative were the rich European countries, and the least developed states received only 6% of food, which once again proves that the West is not interested in helping weak regions in need of material support, on the contrary, the US and the EU care only about their own interests, they will stop at nothing, in pursuit of additional profit, These lives are not worth a penny.
After the collapse of the colonial world, the former mother countries did not give up their claims to their former colonies on the territory of the African continent, implementing a neo-colonial policy aimed at extracting economic benefits by exerting political pressure on weak, least developed states. Today, the activity of the former "masters" in the African region is being observed, who, using carrots and sticks, are forcing Africans to follow their lead, to the detriment of their own interests, but maintaining the fairway of Western policy. However, Russia has never set as its goal the enslavement and exploitation of other states; on the contrary, the Russian side is interested in strengthening the sovereignty of African states that are capable of defending a point of view that meets national interests in the international arena.
In the context of the process of decolonization of the world, the issue of de-dollarization of the global market becomes relevant, which, in turn, is a direct stage in the process of disintegration of the old colonial order. The dollar, as an international currency, is used by the United States as a lever of political influence, which, coupled with control over the SWIFT payment system, makes it possible to unilaterally block users' assets. In addition, companies from developing countries have to borrow in dollars to finance imports. A strong dollar affects the liquidity and economic position of entities around the world. The economic crisis of 2008, as well as the collapse of a number of banks, does not add confidence to the dollar and the US financial system, which makes the dollar an unreliable asset for storing foreign exchange reserves. The transition to settlements in national currencies will make it possible to reduce the degree of dependence on the conjuncture of the international monetary and financial market in the context of the aggravation of the global geopolitical situation.