Page 11 - AA 2024
P. 11

Editorial



           •  The  United  Arab  Emirates  is  another   dairy products in the country.  dependency on imports, and governments
          prominent market for dairy products. In-                               are taking various steps to support and
          creasing demand for flavored and organic   • Other countries like Kuwait, Oman, Bah-  promote local production.  Thus, the con-
          dairy products due to the growing ex-pat   rain, Qatar, Iran, and Iraq also contribute   sumption of dairy products in these coun-
          population and changing consumption   significantly to the market’s growth. These   tries is expected to increase at a higher
          patterns are driving the consumption of   countries are focusing on reducing their   rate during the forecast period.

          Arab countries need to scale up innovative


          financial resources to transform agrifood systems


           The last quarterly bulletin in 2023 focuses on the critical impor-
          tance of increased investments in the transformation of regional
          agrifood systems. FAO was a strategic partner in organizing the
          2023 World Investment Forum in Abu Dhabi last October, with nine
          sessions dedicated to the theme “Investing in Transforming Agri-
          food Systems”.
           The lack of adequate public and private investments necessi-
          tates scaling up additional private and public investments in the
          region. “Existing agricultural subsidies should be redirected to-
          wards more sustainable and nutritious agricultural products”, em-
          phasized Dr. Abdulhakim Elwaer, Assistant Director-General and
          Regional Representative. “Furthermore, additional, SDG-aligned,
          inclusive financial resources should be scaled up”, he added, “in-
          cluding innovative financial mechanisms, blended finance, and   ing smart farms, vertical farming, carbon footprint measurement
          other instruments that lower the risks of agricultural investments”.  and methane-reducing technologies, and increasing local produc-
                                                               tion of dairy; regional initiatives included supplying drought-resis-
           Regarding recent developments in the region, although the food   tant seed varieties to Libya.
          consumer price index was still the highest in the Near East and
          North Africa region, compared to other world regions, food prices
          show a steady or decreasing trend in most regional countries. The
          majority of the crop plantings were carried out in November 2023
          with favourable initial conditions.
           Besides the tremendous human suffering, the Israel-Palestine
          conflict has immensely deteriorated the food insecurity in the
          Gaza Strip, where about 2.2 million people are facing acute hun-
          ger and farm production suffers a 1.6 million USD daily loss. FAO is
          mobilizing vital agricultural supplies, fodder, water, veterinary kits
          and fuel to Gaza, once access is made available.
           In the broader region, Djibouti, Lebanon, Mauritania, Palestine,
          the Syrian Arab Republic and Yemen are expected to have a wide-
          spread lack of access to food, while Libya and Sudan are experi-
          encing severe localized food insecurity.
           Monitoring recent food policies in the region reveals that coun-
          tries are diversifying towards cheaper wheat import sources,
          boosting food reserves and local production of food and fertil-
          izers. The United Arab Emirates continues to develop a wide net
          of free trade agreements and plans to build a new trade corridor
          connecting Europe to the Near East and Asia. Trade restrictive
          measures in the region included the introduction of an export ban
          on olive oil in the Syrian Arab Republic, followed by Morocco.
           One of the significant focuses of regional food policies continues
          to be reducing water stress and fighting climate change by mea-
          sures such as constructing dams to harness rainwater, investing in
          drought-resistant crops, and water-saving irrigation. In addition,
          a genetic resources bank was set up in Saudi Arabia to safeguard
          the genetic diversity of plant resources. Countries also benefit
          from international cooperation and best practices in implement-
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