San Jose, Dec 6 (EFE).- The World Trade Organization (WTO) and the Inter-American Institute for Cooperation on Agriculture (IICA) agreed on Wednesday to strengthen their collaboration on agricultural trade and food security for Latin America and the Caribbean.
IICA said in a statement that its deputy director general, Lloyd Day, and WTO director general, Ngozi Okonjo-Iweala, signed a memorandum of understanding to strengthen mutual cooperation during the COP28 World Climate Summit in Dubai.
The document “aims to contribute to the achievement of a more equitable agricultural system and at the same time, to address the new challenges that affect trade and markets in food and agriculture, including food security, environmental sustainability and innovation,” IICA added.
As part of the agreement, the WTO and the IICA identified areas of common interest for a joint work agenda that will contribute to the development of the trade capacity of Latin American countries through various actions that will enhance their ability to participate effectively in WTO discussions and negotiations on agriculture.
Other areas of cooperation will include seminars, workshops and conferences on agriculture to exchange views and deepen relevant issues to achieve convergence among countries regionally and multilaterally.
The Memorandum was signed following a meeting between Okonjo-Iweala and Day, where they discussed the importance of strengthening the active participation of Latin American and Caribbean countries in the WTO. EFE