Egypt submits draft resolution on enhancing WTO response to food security challenges - News Summed Up

Egypt submits draft resolution on enhancing WTO response to food security challenges


CAIRO – 10 June 2022: Egypt submitted on Thursday a draft resolution to the World Trade Organization (WTO) on enhancing the regulatory organization’s response to the food security challenges in net food-importing developing states and the least developed countries. The draft resolution will be discussed during the 12th ministerial meeting of the WTO scheduled to be held in Geneva on 12-15 June, the Egyptian Foreign Ministry said in a statement. This comes after rounds of intensive consultations with various member states to mobilize the necessary support to sponsor the draft resolution, he added. This move comes within the framework of efforts to deal with the global food crisis and its repercussions on the least developed countries and net food-importing developing countries, such as Egypt, Gamal El-Din stressed. The global food crisis is part of the major crisis facing the global economy since the COVID-19 pandemic and the accompanying slowdown in economic growth, production and investment, as well as high inflation rates, disruption of global supply chains and high debts, Gamal El-Din said.


Source: Egypt Today June 10, 2022 09:01 UTC



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