Food Security and Global Trade

Food Security and Global Trade: Impacting the supply of agricultural goods.

Panellists:

Emily Rees, President and CEO, CropLife International

Marion Jansen, Director, Trade and Agriculture Directorate (TAD), OECD

Moderator:

Rem Korteweg⁠, Senior Research Fellow, Clingendael Institute

This podcast episode was recorded on 30 June 2023.

The 2023 edition of the AIG Global Trade Series explores the extent and impact of regionalisation on the global trade landscape. With Russia’s invasion of Ukraine leading to export restrictions on both Ukrainian grain and Russian fertilizer, food prices - and subsequently inflation - rose significantly. The IMF notes that food insecurity has been rising since 2018 as a result of increasing climate shocks, regional conflicts and the COVID-19 pandemic, which disrupted food production and distribution while driving up food prices. While particularly affecting developing economies - which are generally more dependent on food imports - there are also serious concerns in the developed world about food security, including the issues of climate impact and new trade measures.

What are the most important factors shaping the global trade in agricultural goods? How is this impacting on greater food security? And can the frictions, the restrictions and imbalances in the trade in agricultural goods be addressed multilaterally?

The Global Trade Series is a collaboration between AIG and the following international organisations with leading expertise on global trade: the ⁠Aspen Institute Germany⁠; ⁠Chatham House (UK)⁠; ⁠CEBRI - the Brazilian Center for International Relations⁠; the ⁠Clingendael Institute⁠ (The Netherlands); ⁠Institute of International Economic Law at Georgetown University Law Center ⁠(US); ⁠ISPI - the Italian Institute for International Political Studies⁠; the ⁠Jacques Delors Institute⁠ (France); ⁠RIETI - the Research Institute of Economy, Trade and Industry⁠ (Japan) and the ⁠St. Gallen Endowment for Prosperity through Trade⁠ (Switzerland).

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