Dubai PR Network, Online Press Release from Dubai and Middle East
 
Government Sector(Government, Legal & Humanity)
Filter PR by
  
The Arab Authority for Agricultural Investment and Development launches a new initiative to contribute to the Provision of Basic Food Commodities
 

Initiative seeks to tackle the risk of food shortages due to trade restrictions caused by COVID-19 pandemic

05 May 2020 – The Arab Authority for Agricultural Investment & Development (AAAID) has announced its plans to set an emergency mechanism which can help provide the needs of Arab countries for basic food commodities and increase inter-Arab trade of these products through the companies in which the Arab Authority and other companies contribute. The AAAID also indicated plans to provide information on the quantities of surplus available for export from these commodities in Arab countries and elsewhere.

The initiative is part of AAAID’s commitment to reinforce food security in the Arab region and is part of its key measures to tackle the risks of any food shortage in Arab countries amid COVID-19 outbreak, which has adversely affected all economies.

H.E. Mohammed Al Mazrooei, President of AAAID, said: “Since its establishment, the AAAID has been working to reinforce food security in Arab countries by investing in agricultural projects and supporting small farmers’ programs. With the spread of COVID-19 negatively affecting various sectors, including food and agriculture, AAAID has been exerting all efforts in cooperation with various companies and other relevant stakeholders to ensure continuous supply of basic food commodities, given that most Arab countries import a major part of their basic food needs from abroad.”

H.E added: “The AAAID is working on a pioneering investment and technical model intended to support relevant entities in increasing the activities related to agricultural product trading in the Arab region. The Arab Authority is also coordinating with various Arab countries to secure the needs of the population for basic food stuffs and promote solidarity amid global fear of food shortages in the markets due to the disturbances in international trade and food supply chains as a result of the limited mobility of people due to the spread of the coronavirus.”

The AAAID has been working to enhance the coordination and cooperation among concerned parties to ensure provisions of basic food products, at food companies and factories, that are available for export or products they need to import, including rice, maize, potatoes, raw and refined vegetable oils, sugar, wheat, and red meats, dairy and its derivatives, fruits, vegetables, poultry meat, table eggs, fish and fodder.

The Arab Authority for Agricultural Investment and Development (AAAID) was established in 1976, with the aim of reinforcing food security in Arab countries. The Arab Authority has extensive experiences in the field of agricultural investment and food processing, as well as providing its companies in member states with the advantages to enhance their operations in their respective countries. The Arab Authority's activities are focused on agricultural investment in plant and livestock production, among other related programs and projects. It also actively contributes to supporting sustainable agricultural development through diversified agricultural projects with the use of advanced agricultural technology and providing financial support through revolving loans.


Posted by : Dubai PR Network Editorial Team
Viewed 2952 times
PR Category : Government, Legal & Humanity
Posted on : Tuesday, May 5, 2020  1:18:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : The World Free Zones Organization Attracts Unparalleled Glob...
Next Story : Dubai Chamber Brings Together Public and Private Sector to D...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Parmigiani Fleurier Launches New Tonda Reine De Mai [5260-Views]
Make Up for Ever is Breaking Through With a Lipstick Revolution With Rouge Artist [4530-Views]
World Gold Council and its Members Highlight Commitment to Sustainable Development Goals ... [3186-Views]
Kantar to Launch the First BrandZ Top 30 Most Valuable Emirati and Saudi Brands [3018-Views]
WCU: Saudis Talk Up Oil; Strong Grain Momentum Continues [2931-Views]
Iba Cosmetics Launches in the Middle East [2927-Views]
Danube Home Launches Its All New “My Garden 2021” E-Catalogue! [2915-Views]
Pasha de Cartier - ITW w/Ambassadors [2800-Views]
Dubai Health Authority and Dubai Healthcare City Authority Sign MoU to Strengthen Partners... [2567-Views]
Be Flawless Trend Edition by essence #MinaXessence [2419-Views]
WTTC Launches New Report on the Future of Travel & Tourism in a Post-COVID World [2374-Views]
Back With a Bang: IMAGINE Returns to Dubai Festival City Mall's Festival Bay [2165-Views]
Aspiring Novelists Take Note: The Emirates Litfest Writing Prize is Now Open for 2021 [2132-Views]
5 Simple Ways to Amp Up Your Denim Game for Under AED 100 [2107-Views]
Emirates SkyCargo Signs Humanitarian Logistics MoU with International Humanitarian City [2062-Views]
Ras Al Khaimah International Airport Has Secured the Repatriation of 53,000 Indian Citizen... [2050-Views]
Dubai Festival City Mall Launches 2nd Edition of Dubai Home Festival [2034-Views]
Etihad Airways Celebrates Its Pledge To the Kingdom of Saudi Arabia on Their 90th National... [2029-Views]
New-in Comfy and Trendy Maternity Pieces from Mummyista [1915-Views]
Dubai Culture Reveals Children's Wishes in ‘My Library & Expo' Time Capsule [1906-Views]
Parmigiani Fleurier's New Tonda GT Line' [1890-Views]
Homegrown Concept NÜWATER – The UAE's First Alternative to Plastic Bottled Water [1886-Views]
Sony World Photography Awards 2021 Judges and New Competition Categories Announced [1800-Views]
Marhaba! Abu Dhabi Offers a Welcome Return to UFC Fight Island for Global Stars [1742-Views]
Lipton and Peace One Day Join Forces in Global Partnership for International Day of Peace ... [1722-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories