Author:The Food and Agriculture Organisation of the United Nations has advised countries to discontinue trade measures fuelling food price volatility.
The CCP is FAO’s longest-established technical committee. It reviews global issues that affect the production, trade, distribution, consumption, and prices of food and agricultural products. It deliberates key issues, examines the effects on food security, and makes policy recommendations. According to him, market transparency and policy coordination are critical to reducing uncertainty in agrifood markets.
“In spite of the current tendency to trade mostly within regions, multilateral trade remains the most efficient way to promote market access and economic growth for all and only multilateral collaboration can effectively address global environmental challenges such as climate change,” the FAO DG said.
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