May 4, 2024

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East African countries fear the damage resulting from the Israeli war on Gaza

East African countries fear the damage resulting from the Israeli war on Gaza

Nairobi, February 4 (Prensa Latina) East African countries are assuming strong impacts on their economies as a result of the aggression on Gaza, where the Israeli army has killed more than 27,000 people and injured 67,000 so far.

The first price increases will affect food and fuel due to the growing conflict that arose in the Levant due to Israel's intention to expel 2,300,000 Palestinians from Gaza in a repeat of the expulsion of the original inhabitants of the cities known today as the State of Israel. .

The media specialized in Africa agree that the war of extermination waged by Tel Aviv against the Palestinians in general and the residents of Gaza in particular has increased the security chaos in the Red Sea, the maritime corridor of the Indian Ocean that connects Asia to Africa and the Mediterranean Sea, which is vital to those geographical areas. The three. Regions.

The launching of drones and missiles in support of Gaza residents by Houthi forces against commercial ships heading to or coming from Israeli ports creates a new situation to which Washington and the United Kingdom are responding with what appears to be one of the only two convincing things. The mechanisms they possess: random military attacks.

This scenario forces ships to look for alternative routes that are longer and therefore more expensive than the Suez Canal, the waterway linking the Red Sea and the Mediterranean Sea, the administration of which has increased transit rates through this route by between 5 and 15 percent starting this month.

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In this regard, the East African Business Council (EABC) confirms in its latest forecasts that the economic impact in that region of the conflict in the Middle East will be “significant.”

We depend on the Suez Canal as the shortest and most feasible route (…) Transport and logistics costs will be high and will affect the prices of imported fuel and food, which are already high, says the EABC study.

The business group's pessimistic forecast is by no means justified given that changing course from the EU and Black Sea countries to the Cape of Good Hope in South Africa adds between 10 and 15 days to the transit and between six days. And eight dollars per ton increase in shipping costs.

But what is worse is not these economic and geographical data, but rather the unknowns that stem from the duration of the conflict and the world’s patience with Israel’s superior and genocidal behavior towards the Palestinian people.

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