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US to host further G20 talks on war's impact on food and fertilizer
G20 members discussed export limits and coordinated action as supply disruptions could leave 45 million more people food insecure, officials said.
- On Monday, the U.S. announced it will host further G20 talks in coming weeks on the Middle East war's impact on food and fertilizer, continuing its push for coordinated global action.
- Supply chain disruptions caused by the war, particularly affecting fertilizer shipments at the growing season's start, could leave 45 million more people facing food insecurity, officials reported.
- IMF Managing Director Kristalina Georgieva said on Friday the IMF and World Bank would meet this week to assess requests for help from member countries and coordinate responses.
- Finance officials discussed "the potential for coordinated action" at the April 16 G20 meeting but stopped short of announcing a formal agreement on fertilizer access amid war disruptions.
- Staff-Level engagements will continue to build toward an "actionable consensus," though a few G20 members remained unable to confirm support for the U.S.-led initiative by week's end.
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US to host further G20 talks on war's impact on food and fertilizer
The U.S. will host further talks in coming weeks for the Group of 20 major economies on the impact of the war in the Middle East on food and fertilizer, as it continues to push for coordinated action.
·United Kingdom
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The US presidency of the G20 has indicated that countries will deal at upcoming meetings with the situation of food and fertilizer supply chains in view of the concern shown by their members after the beginning of the conflict in the Middle East and the complications in the transport of fertilizers due to the blockade of the Strait of [...] The entry The G20 shows its concern for food and fertilizer supply chains appears first in Forbes Spain.
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