APEC to hold Ministerial Meeting on Food Security
-
Two-thirds of the undernourished population in the world resides in the Asia-Pacific region and more than one third of them in APEC economies; APEC membership includes major players in international agricultural trade, both in exports and imports; Increased food demand attributed to population growth and changes in dietary patterns in the region could bring about instability in the balance of food supply and demand;
-
The extent of interdependence for food is increasing in the Asia-Pacific region due to expanded agricultural trade;
-
Some APEC economies have already experienced social instability - such as food protests and riots - during the food price spike in 2007 - 2008; and
-
Natural disasters such as earthquakes and tsunamis that can affect food supply occur frequently in the Asia-Pacific region.
The first APEC Ministerial Meeting on Food Security will be held on 16-17 October in Niigata, Japan. An APEC Action Plan on Food Security will be developed during the meeting.