UNITED NATIONS, April 22. /TASS/. The current instability on global food, energy and financial markets was caused by trade wars, protectionism and unilateral sanctions, Russian Deputy Permanent Representative to the UN Dmitry Chumakov has said.

The diplomat told the UN Security Council’s Arria-formula meeting on conflicts and hunger that the first report of the UN Global Crisis Response Group on Food, Energy and Finance lacked impartiality.

"The document replicates the one-sided narrative put in place by Western countries, who always see the root causes of all the problems somewhere else, elegantly putting aside their own role in many disastrous crises around the world," he said.

"Instability in the world food, energy and financial markets has been developing for over 2 years and became the result of the pandemic, excessive subsidies to their economies by Western countries, trade wars, protectionism and illegal unilateral sanctions, from which two thirds of the world's population suffer," the Russian diplomat continued.

In his opinion, the accelerated energy transition, which Western countries are implementing primarily in the interests of fighting for their technologies, has an extremely negative effect on the global situation as well.