The war on Ukraine is having an enormous impact on the agrifood sector, both in terms of national economies and on global food security.
Around 50 countries depend on Russia and Ukraine for one-third of their wheat supply. Many of them are the least developed or low-income, food-deficit countries in northern Africa. In the SEMED region, Egypt, Lebanon and Tunisia are adversely affected, with Morocco less so. Supply disruptions have a negative impact on food access and affordability.
It is critical to restore the ability of Ukraine to export agricultural commodities. For SEMED countries, it is essential to secure food staples, improve import efficiency, diversify trade, upgrade storage infrastructure and ports, and diversify diets.
The private sector is key to ensuring a sustainable long-term approach to tackling food security and to realising the substantial investments needed in both importing and exporting countries. Policies that set the right incentives are essential to allow the private sector to respond and grow.
This event - featuring a panel of industry, food market experts and high-level representatives from the public and private sector - will release new data on the impact of the crisis in SEMED in particular and will highlight key policy and investment priorities for the region.
Maximo Torero - Chief Economist, Food and Agriculture Organization
French Simultaneous Interpretation is available for this event through the Interactio app. View the 'Attachments' tab above for details on how to access it. Event code: AM2022