Categories: Economy

Trade must widen to ensure food security: WTO chief

<p>
International trade is vital to ensure global food security, Director General of the World Trade Organisation Ngozi Okonjo Iweala has said.</p>
<p>
Addressing the Global Dialogue on Trade, organized by the WTO Secretariat in collaboration with the United Nations Food Systems Summit, Iweala said that food must reach countries and regions which are in food deficit from the ones which have surplus.</p>
<p>
As the world is still battling the Covid 19 pandemic, food security has become a major cause for concern.</p>
<p>
<strong>Also read: <a href="https://www.indianarrative.com/economy-news/as-china-s-rice-imports-rise-steadily-is-food-security-becoming-a-challenge-99586.html">As China's rice imports rise steadily, is food security becoming a challenge?</a></strong></p>
<p>
According to a statement issued by <a href="https://www.wto.org/english/news_e/news21_e/dgno_06jul21_e.htm">the WTO</a>, Iweala said that the world will have to rely more on international trade for food security due to population growth, climate change among other factors. “An estimated one in every six people around the world depends almost entirely on international trade for the food they eat, a proportion that could rise to 50 per cent by 2050,” she said.</p>
<p>
Looking ahead, it will be important to address trade distortions and ensure the sustainability of food systems because trade in food will shape the future of land, water and energy use, she said, adding that trade has helped create jobs and raise incomes, enhancing people's ability to purchase food.</p>
<p>
Recently a World Bank report also noted that an increasing number of countries are now facing growing levels of acute food insecurity, reversing years of development gains.</p>
<p>
It noted that as many as 48 countries “<a href="https://www.worldbank.org/en/topic/agriculture/brief/food-security-and-covid-19">show a significant number of people</a> running out of food or reducing their consumption. Reduced calorie intake and compromised nutrition threaten gains in poverty reduction and health and could have lasting impacts on the cognitive development of young children.”</p>
<p>
<strong>Also read: <a href="https://www.indianarrative.com/economy-news/g-expresses-concern-over-global-food-security-99307.html">G20 expresses concern over global food security</a></strong></p>
<p>
The Group of 20 in an in-person meeting held in Italy’s Matera underlined the need to increase investments to ensure food security and called for stronger co-ordination to fight the pandemic, which could add over 100 million people to the total number of undernourished in the world. There are already about 840 undernourished million people in the world.</p>
<p>
 </p>
<p>
 </p>

IN Bureau

Recent Posts

Outdated infrastructure and transformer failures worsen electricity shortages in PoGB

The region of Pakistan-occupied Gilgit-Baltistan (PoGB) is enduring an escalating electricity crisis that continues to…

3 hours ago

Uyghur educational activist dies in custody of Chinese authorities

An Uyghur intellectual and education advocate, who was detained the night before his daughter's wedding…

6 hours ago

Create data-rich platform to benefit investigation officers: Amit Shah to NCRB

Union Home Minister Amit Shah has instructed the National Crime Records Bureau (NCRB) to develop…

6 hours ago

Brazil:163 workers rescued from “slave” like conditions from Chinese EV company BYD

Brazilian authorities have rescued 163 workers from conditions similar to "slavery" at a construction site…

7 hours ago

Water crisis worsens in PoJK as natural springs dry up

The water crisis in Pakistan-occupied Jammu and Kashmir (PoJK) has reached alarming levels as natural…

7 hours ago

UK House of Lords members express concern over China’s human rights violations in Tibet

On the 40th anniversary of the Sino-British Joint Declaration, members of the UK House of…

7 hours ago