Tensions between Russia and Ukraine have led to a confrontation between the world powers, which has raised some concerns about the future of food security in Pakistan.
Russia and Ukraine are among the largest producers of wheat in the world. Both account for about two-thirds of the world's total wheat trade. Russia is the largest exporter of wheat in the world and Ukraine is the fourth largest.
Where Pakistan meets its wheat needs through its local production, it has to import wheat from abroad.
More than 80 per cent of Pakistan's wheat imports during the last financial year came from Russia and Ukraine. Tensions between Russia and Ukraine have led to a rise in global oil and wheat prices.
Pakistan's wheat sector experts and experts are expressing concern over tensions between Ukraine and Russia and the possible supply of wheat to Pakistan as a result of a war. Some of its negative effects are already beginning to show.
He attributes this to rising wheat prices on the world market, which has been exacerbated by the conflict between Russia and Ukraine, and to wheat importing countries, which are now available on the world market at higher prices than ever before.
Wheat prices are currently at a ten-year high in the global market, with tensions between Russia and Ukraine adding to the trend in global commodity prices.
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