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Food And Fertilizer Export Deals Brokered by UN Deals Vital To Global Food Security - Salami Olajumoke Tolulope

 

Food And Fertilizer Export Deals Brokered by UN Deals Vital To Global Food Security - Salami Olajumoke Tolulope

The food and fertilizer export deals brokered by the UN last year with Ukraine and Russia have played an “indispensable role” in supporting global food security and must continue, the UN Secretary-General said on Friday.

The UN chief’s statement said it was vital to ensure that food and fertilizers from Ukraine and Russia can keep on heading to countries in need, “smoothly, efficiently and at scale”.

“These agreements are an all-too-rare demonstration of what the world can do when it puts its mind to the great challenges of our time,” he said.

“Together, the agreements are contributing to sustained reductions in global food prices, which are now more than 23 per cent below the record highs reached in March last year.”

Earlier on Friday, the UN Food and Agriculture Organization’s chief economist, Maximo Torero, said the initiative to allow grain to leave Ukrainian ports had allowed the delivery of 32 million tonnes, much of it to meet the needs of developing nations, as well as food aid for the World Food Programme (WFP).

The renewal would happen on “a critical date because it’s when the harvest starts”, he said. “We hope it will be renewed, and if not, then we will observe a spike in terms of the prices of cereal commodities.”

In a note to correspondents last week, the UN said the agreements were “a lifeline for global food security” at a time when 258 million people face hunger in 58 countries.

“The Secretary-General and his team remain fully committed to building on the progress already made and are in constant contact with a wide range of stakeholders in this regard,” the Deputy Spokesperson, Farhan Haq, said in his Friday statement.

“The Secretary-General calls on all concerned to prioritize global food security,” he said.

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