FAO : Trade and Food Safety Standards -Facilitating and accelerating food and agricultural trade during COVID-19 and beyond Budget

27 August 2020 |

The issue

The COVID-19 pandemic will have an unprecedented impact on global and regional trade. According to the World Trade Organization (WTO), world merchandise trade in 2020 could fall by as much as 32 percent. The current situation is unlike any other food or health crisis in modern times, with simultaneous supply and demand shocks that are global in nature. Labour shortages due to curtailed mobility are affecting all aspects of the food and agriculture supply chains, from production, to processing and retailing, leading to both immediate and longer-term risks for food production and availability.

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