Saudi Food Security Safely Overcomes Repercussions of COVID-19

Photo by AZIZ SHAH/AFP/Getty Images
Photo by AZIZ SHAH/AFP/Getty Images
TT

Saudi Food Security Safely Overcomes Repercussions of COVID-19

Photo by AZIZ SHAH/AFP/Getty Images
Photo by AZIZ SHAH/AFP/Getty Images

The Saudi Ministry of Environment, Water and Agriculture revealed a comprehensive integrated system that contributed to adequate food security despite the severe impact of the COVID-19 outbreak on worldwide food supply chains and the shortage faced in some countries,

The ministry said that it did not face any disruption in the supply chains or a shortage of stock during the crisis, but rather confirmed that the Kingdom had a reliable food chain with a daily production capacity that can meet all of consumers’ needs and with high quality.

Saudi Arabia has the largest storage capacity in the Middle East for wheat and flour, according to Minister Abdul Rahman Al-Fadhli, who issued on Monday a detailed statement that assesses the state of Saudi food security.

“The Kingdom presented a great model in implementing the food security strategy, cooperating with the private sector, and guaranteeing responsible consumption in sales outlets,” he emphasized.

The measures and precautions that were taken during the pandemic came as a result of a pre-emptive action planned with all government sectors more than 4 years ago, he added.

The minister also stressed that the citizens’ awareness and confidence in the efforts made by the state were one of the main reasons for the availability of these products throughout the day, at reasonable prices.

He noted that the Kingdom has achieved high rates of self-sufficiency in many agricultural products, mainly dates (more than 125 percent of sufficiency), vegetables and poultry (60 percent), eggs (116 percent), in addition to fresh milk and its derivatives (109 percent) and fish (55 percent).

Al-Fadhli stressed that the Kingdom was moving forward in developing a sustainable agricultural system in a way that enhances its food security and preserves natural resources, in addition to expanding agricultural investment abroad in countries that enjoy relative advantages.



Türkiye Receives Waiver for Gas Payments to Russia from Gazprombank Sanctions

A view shows a board with the logo of Gazprombank at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 5, 2024. REUTERS/Anton Vaganov/File Photo
A view shows a board with the logo of Gazprombank at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 5, 2024. REUTERS/Anton Vaganov/File Photo
TT

Türkiye Receives Waiver for Gas Payments to Russia from Gazprombank Sanctions

A view shows a board with the logo of Gazprombank at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 5, 2024. REUTERS/Anton Vaganov/File Photo
A view shows a board with the logo of Gazprombank at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 5, 2024. REUTERS/Anton Vaganov/File Photo

Türkiye has received an exemption for gas payments to Russia after the United States imposed sanctions on Gazprombank, Turkish Energy Minister Alparslan Bayraktar revealed in response to a question from Reuters.

The US imposed new sanctions on Russia's Gazprombank in November, creating an obstacle for buyers of Russian gas, which had been using the bank to make payments. They have since been seeking clarification and exploring other ways to pay.

Türkiye imports almost all its gas requirement and Russia is the top supplier, providing more than 50% of the country's pipeline imports.

Ankara's pipeline gas imports from Russia stood at 21.1 bcm last year.

Türkiye had requested an exemption in discussions with US officials so that it can continue paying for Russian natural gas imports via Gazprombank.

The US on Thursday also granted a waiver to Hungary, which mainly relies on Russian oil and gas.