Trade Regulations

Arab Authority for Agricultural Investment and Development seek steady food supply

Apr, 23, 2020 Posted by Sylvia Schandert

Week 202018

The Arab Authority for Agricultural Investment and Development (AAAID) is seeking to identify companies that supply food to guarantee supplies in Arab countries during the covid-19 pandemic. The organization issued a statement listing 14 products for which it asks possible suppliers to contact them.

The list consists of wheat, rice, corn, potatoes, raw or refined vegetable oils, sugar, beef, milk and dairy products, fruits such as bananas, oranges and apples, chicken meat, eggs, fish and animal feed. According to the statement, the institution seeks to identify supply and demand elements for these products. “If there is a demand or supply for the following goods in your region, contact AAAID as soon as possible,” says the statement.

AAAID is a financial institution composed of 21 Arab countries headquartered in Sudan. The organization works in helping the Arab world to achieve food security by investing in agriculture and livestock projects.

In its statement, the AAAID informs that it is creating an emergency mechanism to guarantee the continuous supply of basic goods in the Arab countries during the pandemic.

The AAAID also states that the agricultural and food sector in the Arab countries is one of the most affected because the region imports most of what it consumes.

Source: Brazil-Arab News Agency

Sharing is caring!

Leave a Reply

Your email address will not be published. Required fields are marked *