GCC to ensure food security through a unified strategy

GCC to ensure food security through a unified strategy
GCC to ensure food security through a unified strategy

Thank you for reading the news about GCC to ensure food security through a unified strategy and now with the details

Jeddah - Yasmine El Tohamy - RIYADH: Climate change, natural disasters and other global challenges have prompted a new regional food security strategy from the Gulf Cooperation Council.

Faisal Al-Rawas, chairman of the Federation of the GCC Chambers, said the strategy is focused on developing agricultural, livestock, and fishery projects to achieve added value to the food industries, enabling the countries to achieve food security and sustainability for their citizens, the Saudi Press Agency reported.

This comes amid challenges such as climate change, water scarcity, natural disasters, and population growth, prompting GCC governments to implement strict policies to limit the export of agricultural and livestock products to achieve self-sufficiency.

Al-Rawas also drew attention to the fact that the GCC countries have launched several initiatives, projects, and incentives to boost investment in the agriculture and livestock sector. 

He stressed the need for the private sector to participate in developing the strategy in the fields of agriculture, animal husbandry, and fisheries as well as supportive service sectors to increase food products and commodities.

The GCC official pointed out that the federation has conducted studies to enhance integration in achieving food security, indicating that the added value of the agriculture and fisheries sectors in the Gulf economy amounted to about $30.5 billion. 

The volume of investment in food technology in the GCC countries amounted to about $3.8 billion, and the contribution of the agriculture and fisheries sector to the gross domestic product reached 1.8 percent.

Moreover, the number of Gulf companies in the agricultural and livestock sector has grown to 20 percent. 

In February, Juan Carlos Motamayor, CEO of the food company Topian, a NEOM subsidiary, told Arab News that Saudi Arabia is set to become a pioneer in food security as it develops systems and solutions that can be rolled out “across the planet.” 

He highlighted that this includes introducing new technologies urgently needed to feed humanity today and in the coming decades.

His comments came in the light of a World Bank Report published in January 2024, which highlighted a “tenuous access to food for nearly one out of every three people.”

These were the details of the news GCC to ensure food security through a unified strategy for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at Arab News and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

PREV Saudi Ministry of Industry and Mineral Resources issues 118 new permits as sector grows
NEXT Saudi airline flynas receives 50th A320neo Airbus plane amid fleet expansion

Author Information

I have been an independent financial adviser for over 11 years in the city and in recent years turned my experience in finance and passion for journalism into a full time role. I perform analysis of Companies and publicize valuable information for shareholder community. Address: 2077 Sharon Lane Mishawaka, IN 46544, USA Phone: (+1) 574-255-1083 Email: [email protected]