All news

G20 does not support food and fertilizer export bans and restrictions

"We are committed to sustained supply, in part based on local food sources, as well as diversified production of food and fertilizers to support the most vulnerable from the disruptions in food trade supply chain," the G20 countries noted

BALI, November 16. /TASS/. The G20 countries favor ensuring open, transparent, and non-discriminatory trade in agricultural products and do not support imposing bans and restrictions on the export of food and fertilizers, according to the G20 joint declaration approved on Wednesday following the Bali-hosted summit.

"We reiterate our support for open, transparent, inclusive, predictable, and non-discriminatory, rules-based agricultural trade based on WTO rules," the statement said.

"We reaffirm the need to update global agricultural food trade rules and to facilitate trade in agricultural and food products, as well as the importance of not imposing export prohibitions or restrictions on food and fertilizers in a manner inconsistent with relevant WTO provisions. We are committed to sustained supply, in part based on local food sources, as well as diversified production of food and fertilizers to support the most vulnerable from the disruptions in food trade supply chain," the G20 countries noted.

According to the statement, the G20 countries will "continue to support the carve out of humanitarian activities from sanctions and call on all nations to support this aim, including through current efforts at the UN. We will continue to closely monitor the state of global food security and nutrition."

Tags