WTO’s commitment towards securing Canada’s food supply seems to be a success

wto commitment food supply

It seems that 23 countries have decided not to halt trade of agricultural and agri-food products as it is vital for safeguarding Canada’s food supply.

It is revealed in a statement by World Trade Organization that 23 countries including Canada, Mexico, the United States, China and the European Union, had agreed that measures to curb the spread of COVID-19 would not “adversely” affect trade in agriculture and agri-food products.

Simon Somogyi, chair in the Business of Food at the Arrell Food Institute at the University of Guelph, confirmed that the countries have signed the agreement particularly the U.S. and Mexico, where vast mass of agri-food companies have conducted trade with Canada.

“Commitments to not impose new barriers, to not stockpile food products destined for export and to maintain open dialogue amongst global trading partners will ensure food prices and food security remain stable,” said Simon Somogyi. “We welcome commitments to not impose agriculture export restrictions that can impact trade flows, food availability and result in price volatility, and can lead to shortages of essential food products and inputs.”

The WTO considering the spread of coronavirus said that the lockdown has definitely affected the demand of agri-food products which has negative impacts on food security, nutrition and health of Members and their populations. Somogyi further said that the Canadian government should encourage more and more growth of fruits and veggies at home by incentivizing greenhouses production.