“Russia-Ukraine Conflict will have severe trade implications,” warns WTO

By Samantha Allen

Published: March 4, 2022 | 1:06 AM GMT

The World Trade Organization (WTO) has warned that the conflict between Russia-Ukraine will have severe trade implications on agriculture and energy prices.

The Director-General of the World Trade Organization and former Nigerian Finance Minister, Dr.

Ngozi Okonjo-Iweala, disclosed this, while expressing worry over the continued violence in Ukraine.

“At the WTO, we have watched this tragedy in Ukraine unfold with disbelief and the hope that it would have been peacefully resolved.

“However, this is now the 7th day and we are deeply saddened by the continued suffering and loss of life,” said Dr.

Okonjo-Iweala.

“We are also concerned about the trade implications of the conflict, especially trade in agriculture and food products and the rise in energy prices and their effects on the impacted population,” she added, while hoping for a peaceful and quick resolution.

Amaka E.

Nliam/ Nairametrics
“Russia-Ukraine Conflict will have severe trade implications,” warns WTO

About Samantha Allen

Samantha Allen is a seasoned journalist and senior correspondent at TDPel Media, specializing in the intersection of maternal health, clinical wellness, and public policy. With a background in investigative reporting and a passion for data-driven storytelling, Samantha has become a trusted voice for expectant mothers and healthcare advocates worldwide. Her work focuses on translating complex medical research into actionable insights, covering everything from prenatal fitness and neonatal care to the socioeconomic impacts of healthcare legislation. At TDPel Media, Samantha leads the agency's health analytics desk, ensuring that every report is grounded in accuracy, empathy, and scientific integrity. When she isn't in the newsroom, she is an advocate for community-led wellness initiatives and an avid explorer of California’s coastal trails.