Western governments have invested much in Ukraine. Washington bankrolled Kiev with billions, despite facing major economic shortfalls at home. While Western corporate giants have also been very generous.
In recent years three giant Western companies – Cargill, DuPont and Monsanto – bought seventeen million hectares of Ukrainian agricultural land, despite fierce local opposition.
That seventeen million hectares means that nearly 60 percent of Ukraine’s total farmland is now owned and controlled by foreign transnational corporations!!!
It seems that Monsanto in particular intended to use its Ukrainian farmland as a means to break the European boycott of its genetically engineered produce. The hope was that with its Ukrainian farmland, Monsanto could circumvent the ban of its GM produce in some European countries.
Russia’s invasion will obviously change that as Moscow has banned Genetically Modified produce. So whether Monsanto makes good on its investment or not depends on what happens on the battlefield.
And right now things aren’t looking too promising for Kiev, or Monsanto.