APEC Pledges to Enhance Food Security Through Innovation

What's Happening?

The Asia-Pacific Economic Cooperation (APEC) member economies have committed to accelerating innovation to bolster food security, as announced in a joint declaration at their ministerial-level meeting in Seoul. The declaration, supported by Korea’s Ministry of Agriculture, Food and Rural Affairs, emphasizes the importance of sustainable agri-food systems among the 21 APEC member countries. These countries include 12 economies in Asia, five in the Americas, three in Oceania, and Russia. The joint statement highlights the need for advanced technologies and policy tools to enhance efficiency, productivity, and resilience in the agri-food sector. The declaration outlines strategies to address food security threats across production, distribution, and consumption stages, while promoting new technologies and bridging the digital divide. The meeting, chaired by Korea, focused on the theme 'Driving Innovation in Agri-food Systems for Shared Prosperity,' and included discussions on the 2030 food security roadmap and cooperation on artificial intelligence.

Why It's Important?

This commitment by APEC to enhance food security through innovation is significant as it addresses the global challenge of food insecurity, which affects millions worldwide. By focusing on sustainable agri-food systems and the adoption of advanced technologies, APEC aims to improve food production and distribution efficiency, which could lead to increased food availability and reduced hunger. The initiative also supports rural revitalization and young farmers, potentially leading to economic growth in rural areas. The collaboration among APEC members, including major economies from Asia, the Americas, and Oceania, underscores the importance of international cooperation in tackling food security issues. This could lead to shared prosperity and stability in the region, benefiting both producers and consumers.

What's Next?

Following the adoption of the declaration, APEC members will continue to engage in discussions and implement strategies outlined in the food security roadmap. Korea plans to host a trilateral agriculture ministers’ meeting with China and Japan to further strengthen cooperation on sustainable agriculture. Additionally, bilateral meetings with Vietnam and Malaysia aim to expand exports of Korean agri-food products. These efforts are expected to enhance Korea’s global standing in agri-food innovation and contribute to the broader goal of improving food security across the APEC region.