Globe and Mail Consults Agricultural Economist on Russian Sanctions

Dr. Sylvanus Kwaku Afesorgbor.
Dr. Sylvanus Kwaku Afesorgbor.

McCain Foods Ltd. is amid the increasing number of companies halting, suspending or pulling out of operations in Russia. Agricultural economist Dr. Sylvanus Kwaku Afesorgbor explained to The Globe and Mail one of the reasons behind the french fry giant’s decision.  

Afesorgbor said the sanctions placed on Russia “likely made the economics of a Russian facility less attractive,” and that actions like removing Russia from the SWIFT payment method make “it more difficult to pay suppliers across borders.” 

A professor in the Department of Food, Agricultural and Resource Economics, Afesorgbor studies international trade, political economy, globalization and development, and food and development.

Recently, Afesorgbor discussed sanctions against Russia in an expert alert.